Usually, people find best mutual funds schemes by looking into star ratings through websites like moneycontrol or valueresearchonline. Or sometimes we look into rankings of the best fund schemes which has given best returns in the previous 3 to 4 years.
But such cases for highly rated fund scheme managers need to be more responsible for such huge investments from customers and this leads him to compromise on the stocks he selects in the future.
So it is not predictable that the schemes which have the good track record till date will perform better in the future.
To pick the best mutual fund schemes go through these points mentioned below,
- The fund which has the best track record on the basis of consistency, with which safe track record rather than risky.
- Check for the fund manager previous track records also check if the fund manager changed for a particular mutual fund scheme. If a fund manager handles 5 funds and he is managing 3 or 4 funds better out of 5, then we can consider him he is good at managing fund schemes.
- Best return without risk track records are important.
- Large caps with a big percentage of return is more important than mid-cap/small-cap fund with a small percentage of returns.
No Fields Found.