The Economic Times

Is six mutual funds too many for monthly SIP of Rs 8,500? Heres what experts suggest

Investors often overcomplicate mutual fund portfolios with too many schemes. Financial experts advise simplifying SIPs for long-term wealth. Heena, an investor, sought advice on her Rs 8,500 monthly SIP across six funds. A CFP recommended reducing the mix to three funds for better diversification and easier management.