Should I invest in 11 mutual funds to build retirement corpus over 20 years?
Quant Active Fund-Growth  Nav as on  355.5853 -4.58 (-1.27%) Things You should consider Annualized Return for 3 year: 26.06%  Suggested Investment Horizon: >3 years  Time taken to double money: 3.9 Years Kotak Emerging Equity Fund Regular-Growth   Nav as on  63.7140 -0.09 (-0.13%) Things You should consider Annualized Return for 3 year: 17.25%  Suggested Investment Horizon: >3 years  Time taken to double money: 4.0 Years  You dont need 11 equity mutual funds to create your investment portfolio. You will be over diversifying by investing in so many funds as each of these funds would invest in the range of around 30 to 80 stocks. Overdiversification will obstruct your portfolio from generating optimum returns.Keeping your goal, age and 20-year investment time horizon in mind, I suggest you the following funds along with their allocation for your SIP investments Invesco India Contra Fund (20%)- DSP Mid Cap Fund (20%)- SBI Small Cap Fund (20%) Canara Robeco Flexi Cap Fund (15%) Mirae Asset Focused Fund (15%)- Motilal Oswal S&P 500 Index Fund (10%)This selection will give you ample diversification for your investment portfolio which will help you build a retirement corpus.You may want to invest some amount during corrections as this will help you generate higher returns than the average. Lastly, equity markets are very volatile in nature and a substantial dip can hurt your portfolio returns. Thus, towards the end of your investment period do keep a buffer time period of around a year and try to redeem your corpus in good market conditions.