How many mutual funds are needed for goal-based investing? And how diversified should they be?
[ad_1] Depending on whether the goals are short, medium or long term, investments can be made in equity, debt or hybrid – a combination of equity and debt – funds. Risk of over-diversification Diversification is important, but doing so just for the sake of diversifying doesn’t work and can backfire. That’s because after a point,…
