Factors to consider while Selecting a Mutual Fund Scheme....

[jiten702]

Today's investor faces problem of plenty as far as mutual fund scheme selection is concern. With entry of multiple AMC with multiple schemes, individual investor today finds it extremely difficult and challenging in selecting right scheme. Although with Internet age lot of information is available but final selection of scheme requires certain basic parameters to be considered which are:-

• Investment Objective
• Matching Risk Profile with Investment Objective
• Credentials of Fund Manager & Fund Management Team
• Past Performance – 'One should Compare Apple with Apple'
• Fund Size
• Studying Portfolio
• Your Investment Horizon and Asset Allocation

[ricky028]

Useful suggestions to consider while selecting a mutual fund scheme. Definitely these days it is advisable to invest in a safe and sound option such as the money market mutual funds. This may give you good returns.