It is well known that selecting mutual funds from thousands is a tough job. If an investor were to left all to herself to pick one of them, it would be a journey through hell. However, there are several good people out there working to make life easier for the investor. One of the solutions […]
How not to select mutual funds?
Question: How many mutual fund schemes are there in existence? Answer: Close to 1000 mutual fund schemes including diversified equity, debt, tax saving, balanced, MIPs, sectoral, thematic, etc. etc. Question: How many schemes do you need to invest in? Answer: About 5 to 7, depending upon needs. So, out of 1000 mutual fund schemes, you, as […]
