answersLogoWhite

0

Can you please help me how we select a mutual fund?

Updated: 8/20/2019
User Avatar

Manishtrade

Lvl 1
12y ago

Best Answer

Hi, The first step is to find out the objectives of the investment.The objectives of the investment in the mutual funds will be low or high risk,it is very import to know the past performance of the mutual fund.It is also a good idea to evaluate the performance of the mutual fund over different periods of time.There lot of online trading portals that are listed with NSE and BSE that help you to choose the right funds,Reliance mutual fund,ICICI,Franklink Templeton are some of the best that are available.

Answer

Look at the fees charged and the amount you need to open an account. Vanguard and Fidelity are quite helpful for novices. A good investment book is called the Investment Answer by Daniel Goldie and Gordon Murray. It explains the investment game very simply. It is available at the library and used.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you please help me how we select a mutual fund?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is advantages and disadvantages of investing in mutual fund?

When you invest in mutual you are buying the units or portion of the mutual fund and thus on investing becomes the shareholder.There are top AMC'S which help you to know regarding this they are Reliance mutual fund, HDFC etc.


Mutual Fund Expense Calculator?

Mutual Fund Expense Calculator This calculator can help you analyze the costs associated with buying shares in a mutual fund. By entering a few pieces of information, found in your fund's prospectus, you can see the impact of fees and operating expenses on your investment.


What is the prepostional phrase in marcy plans to select a worthy charity and offer to help with fund-raising events?

to help with fund-raising events


Why Invest in a Mutual Fund ?

Mutual fund is a type of collective investment that offers a portfolio consisting of various financial instruments. A single mutual fund can include stocks, bonds and other money market instruments. What makes mutual fund attractive is the diversity, which safeguards investors from immediate negative impact. For those who are not sure about their investment strategy, investing in mutual fund is a logical decision. One of the best sources for analyzing mutual funds is the official website of Morningstar. Likewise, most authentic financial sources provide useful information by rating the quality of each mutual fund. Such ratings can help investors make better investment choices.


Why invest in mutual funds?

Mutual fund is a type of collective investment that offers a portfolio consisting of various financial instruments. A single mutual fund can include stocks, bonds and other money market instruments. What makes mutual fund attractive is the diversity, which safeguards investors from immediate negative impact. For those who are not sure about their investment strategy, investing in mutual fund is a logical decision. One of the best sources for analyzing mutual funds is the official website of Morningstar. Likewise, most authentic financial sources provide useful information by rating the quality of each mutual fund. Such ratings can help investors make better investment choices.


What is the prepositional phrase for marcy plans to select a worthy charity and offer to help with fund-raising events?

"with fund-raising events."


What is fund management in the mutual fund Can anyone give information about this?

A fund manager is the person who is responsible for implementing a fund's investing strategy and managing its portfolio trading activities.A fund can be managed by one person, two people or team of three or more people, where fund managers are paid fee for their work .There are many AMC's that can help you out with investing.Reliance mutual funds is one of these with a very good reputation in the market.


Why might one want to invest in a mutual fund?

A mutual fund diversifies your initial investment by allocating your money to different companies stocks and sometimes bonds. By diversifying it helps to make sure that if one stock is affected negatively, the other stocks in the fund will help counter those affects.


How do you invest in mutual funds and get best mutual fund returns?

No one person could decide on the 'best' mutual funds to invest in, as different companies offer different incentives for consumers to invest into their businesses which would appeal to other types of people.


How do you select a mutual fund?

The first step is to find out the objectives of the investment. The objectives of an investment in mutual funds will be low risk or high risk, short or long term focus on liquidity, fixed income or equity. If the objectives of the investment are the same as that of the investor, then one can go on to the next step. It is very important to evaluate the past performance of the mutual fund. Through this evaluation the investor can get an idea of how the performance of the fund compares to other available options. One can also determine if the objectives that are stated have been fulfilled. This can be achieved by finding out which mutual funds have performed the best in the market. A good mutual fund should have a track record of consistently outperforming its benchmark. It is also a good idea to evaluate the performance of the mutual funds over a number of different periods of time. These could be three months, one year or three years depending on what period the investor wishes to keep his investment. The mutual funds that fall among the top five should then be shortlisted by the investor. The third step to choose a good mutual fund is diversification. An investor must diversify his funds in order to expand the amount of investment. This means that the investor should select two or more mutual funds that have similar investment objectives. This will help the investor to minimize the risks involved with his investments. Before choosing a Mutual Fund, the investor should examine the costs of the fund. These include sales loads, annual fund expenses and also management fees. There are a lot of Online trading portals that are listed with the NSE and BSE that help you to choose the right funds by providing all the necessary market information. Reliance Mutual Funds, ICICI, HDFC, Franklin Templeton are some of the best that are available. Reliance Mutual Funds provides a lot of information to investors through their knowledge centre.


What is the best mutual fund in the world?

MMM is the best mutual fund in the world! I am Aleksandra. I am from Ukraine. I provide help and recieve help from other people all over the world! MMM is a community where people help each other. MMM gives you a technical basic program, which helps millions of participants worldwide to find those who NEED help, and those who are ready to PROVIDE help for FREE. All transferred BITCOINS to another participants are your help given by your own good will to another one, absolutely gratis. #3y56


WHAT IS fund management in mutual fund?

Fund management refers to investing your money in different funds to explore more and gain more. With effective fund management, you will be able to earn higher and higher. You can take help of Tradebulls to understand this further easily.