A client that I recently on-boarded had 42 different schemes in his mutual fund portfolio. I don’t need to tell you that it’s a criminally large number to have. But this is a problem that many investors face. More often than not, they end up having unnecessarily large number of schemes in their portfolios. Sadly, having too many funds is generally due to salesmen's push. But at times, it’s because of investors’ own ideas about diversification.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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