Equity related mutual funds allow to invest in more than 20+ stocks in one mutual funds.   A mutual fund is diversified by itself.  Typically they hold about 20+ stocks, some funds hold even upto 50 stocks.  Hence, too many funds in your portfolio is a bad idea. To become rich, invest maximum 6-8 funds for … Continue reading To Become Rich : Invest in 6 Mutual funds and increase 10% by each year.