The market has started to move up and now everyone is
thinking of investments. IMD has predicted good monsoons and government has
presented some good numbers. We want to invest but at the same time do not want
to take too much risk, so most people tell invest in mutual funds. But which
mutual fund scheme should I invest in? When the markets are up all the funds
show good growth but the best way to check is how the fund did perform when the
markets were down. Now many fund houses will give you this information
directly. You will have to do your own research, last year was a good example.
Check the fund’s performance for the last one year. This will help you narrow
down on the schemes you would like to look at. Once you have done that, check
the long term returns of these funds. If you find they have done well on both
these parameters. You would have been able to narrow down to a funds in single
digits. Now this strategy is good if you are a long term investor. So what are
you waiting for, do your reading and research and start investing.
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