How Many Mutual Funds Should You Have In Your Portfolio
How Many Mutual Funds Should You Have In Your Portfolio. So, how many funds should richa have in her portfolio? That is, assuming you don’t have too many fund categories in your portfolio.
“depending on whether your goals are short. That is, assuming you don’t have too many fund categories in your portfolio. Sometimes it is enough to have just one fund.
So How Many Funds Should One Have In One's Portfolio:
“generally, the answer is simple. Risk management is one such factor. Money market funds can also be part of a portfolio if you need quick access to cash, and if you have a low tolerance for risk.
But If You Have Many More Than Eight Mutual Funds In Your Closet, Chances Are You Need To Do Some Serious Portfolio Cleaning.
Different investors would need different approaches. So, how many mutual funds should ideally be in your mutual fund portfolio? In terms of the number of mutual funds, you should strive to keep it below 10.
But If You Have Many More Than Eight Mutual Funds In Your Closet, Chances Are You Need To Do Some Serious Portfolio Cleaning.
Which ranges from 2 to 5 years. With which you can decide how many mutual funds should be in your portfolio. So, how many funds should richa have in her portfolio?
Ideally, You Should Not Have More Than 20 Percent Of Your Funds In A Single Mutual Fund.
You should have no more than 4 funds in your portfolio. And ideal count in any portfolio is about 8 schemes, where you have different kinds of equity and debt funds. That depends on the fund.
Since You Can Save Only Up To Rs 1.5 Lakh In A Year, One Scheme Is Fine,” Says P Srinivasan, Founder Of Ace Financial Advisories.
Experts claim that a diversified portfolio consists of eight to 60 stocks. “depending on whether your goals are short. Apart from this, you can also invest in mutual funds for a long time.
Post a Comment for "How Many Mutual Funds Should You Have In Your Portfolio"