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Is it advisable to invest in similar funds?

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Anil273

wrote on last edited by

#1

I am new to mutual funds and planning to invest (20k) into mutual funds. So can I invest in 2 types of the same funds from different companies?
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Ritika

wrote on last edited by

#2

You can invest in the same type of mutual fund from different companies. With this method, you can diversify your investments with a low-risk factor. But before investing, make sure each fund can match your goals.
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