Manikaran Singal discusses five parameters of selecting the best mutual funds scheme.
Manikaran Singal Certified financial planner At the onset let me clarify that best mutual fund scheme does not mean the best in returns, but the one best suited to your risk profile and goals and the one that is good in its peer group. The biggest mistake that mutual fund investors make is selecting mutual funds only on the basis of performance and that too just the recent performance. There are some investors who consider only the star ratings given by various research agencies. These star ratings can be one of the factors to look at, but there are many other parameters that one should look into before finalising a mutual fund portfolio.
The aim of this article is to apprise you with some of those parameters.
