We often come across the words “best performing”, “highest returns” concerning investment avenues and mutual funds. It’s easy to get swayed by them, as investors, we are always on the lookout for the best performing mutual funds. Let’s understand that five simple pointers that help you evaluate the best mutual fund.
1. Goals - One of the most important factors of investing
Yes, everything that you do for your investments depends on your goals! What is it that you plan to achieve from your investments? These differ for each investor.
2. Ignore the market noise - avoid the urge to join the herd!
You might see & hear various things, but don’t fall for the word of mouth and follow the herd blindly. Consider all risks before investing. Remember, your goals are different than other investors.
3. Check if the mutual fund objectives match with your goals:
You have to align your goals with the objective of these funds, to make the most of them. This assures that your money is working towards your goal even as you sleep. And for that, you need to be very clear about what your goal is.
4. Look beyond short term performance while selecting a fund:
Don’t base your investment decision entirely on that. Because more than the recent performance of a fund, what is important is the fundamentals of the fund.
5. Know your risk appetite very well
Risk appetite is the level of risk you as an investor are willing to accept while pursuing your financial goals.
Mutual fund investments are subject to market risks read all scheme related documents carefully.
Disclaimer: The views expressed here in this Article / Video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The Article / Video has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of the Article / Video should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. None of the Quantum Advisors, Quantum AMC, Quantum Trustee or Quantum Mutual Fund, their Affiliates or Representative shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary losses or damages including lost profits arising in any way on account of any action taken basis the data / information / views provided in the Article / video.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.