New Delhi, Oct. 2 -- Suppose you already have 5 mutual funds in your portfolio across equity, debt, hybrid, gold, etc. You receive a Rs.10,000 bonus from your employer and want to invest the money in these mutual fund holdings.

Should you add it to all five funds or put it into just one or two? Here is what experts suggest investors should consider before putting a small lump sum to work.

Aditya Agarwal, Co-founder, Wealthy.in said the number of funds matters less than the portfolio's current asset allocation. "The right question is not 'how should I split this?' but 'which part of my portfolio is short of its target?'"

If an investor has a target mix-for example, a specific allocation to equity, debt and gold-the bonus can go towards ...