Most freefincal readers would be familiar with this question and perhaps more familiar with the answer – do not hold more than 3 or 4 funds. More funds do not mean higher diversification!
So why bother writing another post on this?
In academia, we have a saying: there is no such thing as a dumb question but there is definitely such a thing as a dumb answer!
When it comes to personal finance, perhaps the more appropriate adage is, ask a piece-meal question, you get a generic answer. Ask a holistic question, you get a holistic answer.