Rules to remember while choosing mutual fund: Rule No 4
Monday, May 22, 2017, 4:24 PM
Do not add funds that do not match your risk profile. Most mutual fund investors have an affinity towards top-performing schemes. Without bothering to check details, investors simply add top-performing schemes to their portfolio. This is a big mistake. A conservative investor would find the best performing mid or smallcap fund too hot to handle during a prolonged bear phase in the market.