How to choose a mutual fund

With so many categories of mutual funds, fund houses, and schemes available, choosing a mutual fund is not an easy task for many investors. The best way to begin is to decide on a method to narrow down on the right fund for you. Rarely do investors who do something else for a living employ a systematic checklist to evaluate a fund they are considering buying. Here is our blueprint for a structured approach to choosing a mutual fund. There are five areas that you must evaluate to decide whether a particular fund is a good investment.

This article was originally published on October 29, 2021, and last updated on August 14, 2024.