Why shouldn't you have too many mutual funds in your portfolio?

To diversify and reduce risks, it is sufficient to have 1-2 funds in each fund category, assuming one doesn't have too many fund categories in their portfolio.

Mutual fund investing: Should you go for aggressive hybrid funds or dynamic asset allocation funds?

Aggressive hybrid funds must maintain a 65-80% allocation to equities at all times, while dynamic asset allocation funds may vary their equity exposure to between 30-80%, depending on the fund managers' strategies.

Explained: How increasing your SIP every year helps you reach your financial goal sooner

Increasing your mutual fund SIP every year is an effective way to accelerate your wealth accumulation over the long term and reach your financial goals sooner.

Planning to invest? Do not shy away from seeking professional help

Taking professional investment advice is worth the cost, as it can help one avoid making costly blunders and ensure they pick the right financial products for long term goals.

Should you close or extend PPF account on 15-year maturity? We explain

On completion of 15 years, you can choose to close your PPF account, extend it without contributions, or extend it with contributions, depending on your needs and circumstances.

Mutual fund investing: How to invest lumpsum in equity funds? All you need to know

To invest lumpsum in equity funds, divide the lump sum and invest in parts at different market levels over 6-12 months, depending on the goal time horizon.

Investing in PMS calls for much more than the minimum threshold sum of  <span class='webrupee'>₹</span>50 lakh. Details here

PMS is a high-risk and high-return-potential product, which is not suitable for everyone and should only be considered when you have a large portfolio of at least  <span class='webrupee'>₹</span>2-2.5 crore worth of equities.

Want to make the most of your salary hike? MintGenie tells you how

Use your salary hike to accelerate repayment of high-interest debt, start saving for an emergency fund, consider buying a term plan, get health insurance, and increase your investments.

Why Nifty 50 plus Nifty Next 50 not the same as Nifty 100 index? MintGenie explains

The Nifty 50 and Nifty Next 50 indices are not the same as the Nifty 100 index due to weight allocation differences, so investors should choose the index that best suits their risk appetite and investment goals.

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