For beginners, a moderate allocation of 50% equity, 30% debt, 15% gold, and 5% others works well. This provides growth potential while managing risk. Start with index funds and gradually diversify as you learn more about investing.

Diversify across fund categories: large-cap, mid-cap, small-cap, debt funds, and international funds. Avoid overlap by checking fund holdings. Limit yourself to 5-7 funds maximum to maintain simplicity while achieving diversification.

Absolutely! Start with ₹500 in a Nifty 50 index fund, ₹300 in a debt fund, and ₹200 in gold ETF. As your income grows, increase the amounts proportionally. The key is to start early and stay consistent.

Gold acts as a hedge against inflation and currency devaluation. A 10-15% allocation provides portfolio stability during economic uncertainty. Consider Sovereign Gold Bonds or Gold ETFs for better returns than physical gold.

Rebalance once or twice a year, or when any asset class deviates by more than 5-10% from your target allocation. Avoid frequent rebalancing as it can increase costs and reduce returns due to transaction fees.

Yes, 10-20% allocation to international funds can provide geographic diversification and exposure to global growth. Consider US index funds or emerging market funds through Indian mutual fund houses to avoid direct overseas investment complexities.