There is no one-size-fits-all answer to how many mutual funds should be in a portfolio, as it depends on various factors such as your investment goals, risk tolerance, and overall financial situation.
A diversified portfolio of mutual funds typically includes a mix of funds that invest in different asset classes, such as stocks, bonds, and real estate. The number of funds in your portfolio will depend on the level of diversification you desire and the amount of money you have available to invest.
Generally speaking, a well-diversified portfolio can be achieved with as few as three to five mutual funds. However, if you have a large investment portfolio, you may want to consider investing in more funds to achieve greater diversification and reduce overall risk.
It's important to remember that investing in mutual funds involves risk, and it's important to carefully evaluate each fund's investment objectives, risks, and fees before making any investment decisions. Consulting with a financial advisor can also be helpful in determining the appropriate number of mutual funds for your portfolio