New Delhi, July 8 -- When it comes to mutual funds, more isn't necessarily better. While diversification is essential, owning too many schemes can result in repeated exposure to the same stocks and unnecessary complexity. So, how many mutual funds are actually enough to build a well-balanced portfolio? Experts say the answer is surprisingly simple.

"If you're just starting out with mutual funds, you really don't need to go overboard. Three to six funds are more than enough," suggests Sonam Srivastava, Founder of Wright Research, as each mutual fund already packs in 50 to 100 stocks, so mutual fund investors are already getting a good mix

Meanwhile, Divam Sharma, Co-founder & Fund Manager, Green Portfolio, said the right number depends o...