Sep 07 , 2024

5 things to keep in mind while investing in Mutual Funds

By True Scoop

Financial Goals: Choose the mutual fund that best suits your needs regardless of your investing goals short- or long-term.

Type of Fund: Consider risk tolerance when aligning investments with equity, bond, or balanced mutual funds.

Fund Performance: Analyze the fund's consistency and return potential by analyzing its historical performance over various periods.

Load Structure: Know about any exit load charges for early withdrawal as it can affect your returns. Fees vary by mutual fund.

Fund Expenses Ratio: Understanding the expense ratio of a mutual fund is crucial for comparing different mutual fund schemes.

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