Yes, you need to spread risk and avoid letting a few funds take over your portfolio. It makes it difficult to track and manage the portfolio. ₹4,500 each in Motilal Oswal Nasdaq 100 Fund of Fund and Aditya Birla SL Corporate Bond Fund and ₹3,000 in Nippon India Gold Savings. The gold fund is provided since you have listed it in your fund choices. Review your portfolio once a year to ensure that your funds continue to be quality performers.

Source: Mint May 04, 2021 20:26 UTC