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Are you adding new mutual funds to portfolio amid rising market for better returns? Not a good idea, follow this instead

By Economic Times - 2 weeks ago
Investors are not simply putting more money in the existing funds in their baskets. They are adding new funds in a bid to boost their returns. This is a familiar story in every bull market. As fund performance kicks into higher gear and gets entrenched, investors start getting adventurous. Adding funds in the pursuit of better returns can be counter-productive in the long run. Here's what investors need to do

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