Don't put all your investments in one AMC

#1
Quite often, in our day to day life we try and make things convenient for ourselves. May it be shopping, travelling or at work, our brains are on a constant look out for the convenience factor in everything we do. And in doing so we totally disregard the fact that many a times if we had put in that extra bit of effort in whatever we do, we could have gained much more value.

Many of you investors are in the impression that investing in schemes of a single Asset Management Company (AMC) saves a lot of cost. This is absolutely a myth. Your investment in different mutual fund schemes from a single AMC does not reduce your costs at all. In fact having a concentrated exposure to only one AMC may prove to be harmful to your portfolio.

Continue Reading:
Are all your eggs (investments) in one basket (AMC)?