"Never put all your eggs in one basket".
Achieving a balance between risk and return is crucial when making investment decisions. Diversification is a key strategy for achieving this balance, as it allows you to spread your investments across different asset classes and sectors, reducing your exposure to any one particular risk.
In this article, we will look into what portfolio diversification is, especially related to mutual funds, and how it can help you achieve the returns on investment that you are looking for.
What is Portfolio Diversification?
When you go out for dinner, you often order a well-rounded meal for maximum satisfaction. You may order a soup, an appetiser, a main course, a dessert, and perhaps some drinks. This ensures that you get a variety of flavours and textures. Also, if one course
