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Question: Is investing multiple mutual funds under the same fund house a wise decision?

A lot of times we face such questions. Others too might think of investing in multiple schemes of the same fund house.

One must understand that there cannot be a standard answer to this particular question, and the reasons are mentioned as below.

1. Mutual funds are run by AMC which are the asset management companies. When you decide to invest in any scheme, you there itself are reducing the risk by putting money in multiple companies instead of one single stock, and that too under the supervision of a well known and reputed fund manager. That itself is a lot of diversification.

2. If you wish to invest in any other scheme, you may choose a scheme from the same fund house. This has many benefits as well. All your schemes would be mapped to your single folio. It would become easier for you to track as well.
It is not that the same fund manager would would be managing all the schemes of that fund house. Though a fund manager may manage multiple schemes. There are enough checks and balances to ensure that your money is safe.

3. Having doubts on investing in multiple schemes from a single fund house is like saying not buying all the groceries from the same supermarket store, just to diversify the risk of getting bad quality of groceries.

Hope it helps.

Feel free to get in touch with us in case of any other query.

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Some very wise words by Warren Buffett :

If you buy things you do not need, soon you will have to sell things you need.

It is always important to have a proper asset allocation based on your risk appetite and stage of goals. Periodic review should be done to keep the asset allocation in check.

It is important to understand the relationship between yourself and your finances. It is different and unique. One should try not to copy/imitate. A person has his/her own journey. Make your own path. To manage finances, consult a good financial planner.
We are always there to listen and resolve your financial troubles and provide you with solutions to resolve your issues. It is equally important for you to take note and not repeat financial mistakes.
Online consultations are available across India to assist you with your financial matters. Feel free to get in touch with us to know more.

To connect with us, you may now use the following. Look forward to connecting with you.

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Hello everyone!!

We have been speaking to a lot of you recently.

And we are absolutely loving it - helping and guiding people in their journeys.

Though it is getting difficult to manage all the incoming requests through DMs.

So we are opening slots on .io to manage all call requests and queries.

If you need any help or guidance from us, you can easily book a time with us now :)

Looking forward to insightful and interesting conversations with you guys! Link in the comments.