Too many mutual funds? Here's how to declutter your portfolio

Over a period of time, I have added too many mutual funds, more than 40 in my portfolio by following the VR fund recommendations. Please suggest a strategy to declutter the portfolio to reduce the number of funds. There's a well-known saying, "Don't put all your eggs in one basket." This tidbit of wisdom applies to investing too. After all, if you place all your faith in a single fund, you are more likely to wipe out your wealth than if you spread yo

This article was originally published on August 21, 2024.