To decide which scheme you should invest in, understand your investment goals and
match them to the objectives and expected returns and previous performance track
record of the mutual fund scheme you are considering. Begin by answering these simple
questions for yourself and then reaching out to a financial expert for guidance.
- What is your age?
- How much money can you invest?
- For how long can you invest the money?
- How often do you need the returns?
- How much risk can you handle?
- Do you need to save tax?
Read the offer document carefully, track the past performance of the scheme, compare
it with others in its category and evaluate the quality of the securities that the
scheme is planning to invest in.