How many mutual funds should an investor own?

by Dr. Gaurav Sinha , Mr. Vinay Kohli · Unit 86 of 100

The number of mutual funds in an investment portfolio depends on financial objectives, investment strategy, and diversification requirements. Holding multiple funds with similar investment objectives may create unnecessary overlap. A well-structured portfolio generally focuses on appropriate diversification rather than the number of schemes owned.

What should you consider before taking a home loan? What should an ideal mutual fund portfolio include?