
How can I choose the best mutual fund?
- Brij Bihari
The best fund depends on parameters like your goals, time horizon and your experience in the market. 'The best' is therefore a relative term. If you are a short-term investor and have never invested in a fund, then the best fund for you will be a liquid or an ultra-short duration fund. If you are investing for the long run with the goal of saving taxes, then a tax-saving fund will be the best fund. If you are a first time investor with a long term view, then you can invest in an aggressive hybrid fund. If you are an experienced investor with a long time horizon, then investing in a multicap fund will be the best option for you.
This article was originally published on March 05, 2019.