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Why over diversification of portfolio can jeopardise your financial planning? Know expert view

Which statement about portfolio diversification is correct? A. Proper diversification can reduce or eliminate systematic risk. B. Diversification reduces the portfolio's expected return because it reduces a portfolio's total risk. C. As more securities are added to a portfolio, total risk typically would be expected to fall at a decreasing rate. D. The risk-reducing benefits of diversification do not occur meaningfully until at least 30 individual securities are included in the portfolio.