New Delhi, Sept. 29 -- Do-it-yourself (DIY) investing is often seen as exciting and empowering. With online platforms and easy access to information, building your own portfolio can look deceptively simple. But should you take the plunge? Rajeev Thakkar, director and chief investment officer, PPFAS Asset Management Pvt Ltd, urges caution against the temptation.

"If you get into karaoke singing or art, the downside is not much. But if you do surgery on your own, the consequences could be severe. Investing looks simple on the surface, but it requires a combination of skills, interest, and time," he said at the Mint Money Festival while addressing the investors on DIY investing.

Thakkar recommended starting small. "Try DIY with 10-15% of y...