How to search for the right mutual fund scheme for investing?
- Janhvi Parbat
Two things should guide your fund selection. One is which kind of fund to invest in. That entirely depends on the investment time frame and your experience. If these two things are done well, you will not be disappointed.
If you are a first-time investor and will invest for a very long period, get started with an aggressive hybrid fund. If you have some experience, maybe invest in a multi-cap (flexi-cap) fund. If you are going to save taxes and at the same time want to make some long-term investment, invest in a tax-saving fund. So, these are ways to start.
Then comes choosing a good fund. Come to Value Research Online, look at the listing of the right category based on what I just listed and choose the best fund from the category.
This article was originally published on January 28, 2022.
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