Published: 25th Nov 2024
With so many funds out there, choosing the right one can feel daunting. But don’t worry—we’ve got your back!
Determine Financial Needs – Growth – Tax Saving – Income Generation – Enhancing Returns on idle money
Here's our 6-step checklist to evaluate mutual funds with a structured approach for you to find the one that fits your financial goals.
Step 2: Identify Investment Goals – Short-term – Long-term
– Growth: – Equity Schemes (e.g., large-cap, flexi-cap) – Hybrid Schemes (e.g., equity and debt mix) – International Schemes
– Performance history – Risk level – Diversification – Portfolio Composition – Cost and Expense Ratio
– Active vs. Passive management – Fund manager experience and track record
Match risk profile, investment horizon, and cost with personal investment objectives.
Match risk profile, investment horizon, and cost with personal investment objectives.