Which Mutual Fund is Best for Me ?

If you are looking to invest your money in Mutual Fund you should consider few things so more benefits can be taken and we can save us from loss .


1. Type of Mutual Fund : First of all we will se the type of mutual fund like equity type , debt type ,  mixture of  both and project fund this explain the where the fund manager will invest the money it is very necessary because we should know that where our investment will go and what is the chances of return or loss  .


2. Purpose of Fund : Most of the time the fund companies has certain purpose of the fund they show something else and use the money somewhere else so be sure that fund is clearly mention their purpose .


3. Criteria of Investment : We will see that how the fund is diversified the investment what is the portion of investment in equity or stock exchange because it is much risky side for investment and the portion of low rist investment that also called debt side of portion or many other portion of investment . this portion of investment show the how riskier is the fund is it more risky or less risky so we can predict our returns .

4.  Our own Requirement : The most important one is we should focus what is our own requirement from the fund example looking for retirement or looking for eduction of the children , looking for some extra profits etc whatever is the requirement but this should be match with fund then we can get return as we want .

5.  Fund Manager : we should see the management that who will run the fund , his experience , qualification , and most important how much is the management fees which they deduct from returns .

6.  Past Performance :  if you cannot see all things then past performance is the best option you can see which tells how they performed their fund in the past and what was their past profit returns  .