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Best Mutual Funds in India – Choosing the Best One

When it comes to investment, people want to play it as safe as possible. This is why they keep postponing their investment plans till infinity. Usually, they begin by a small Google research with u2018the best mutual funds in Indiau2019.

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Best Mutual Funds in India – Choosing the Best One

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  1. Best Mutual Funds in India – Choosing the Best One When it comes to investment, people want to play it as safe as possible. This is why they keep postponing their investment plans till infinity. Usually, they begin by a small Google research with ‘the best mutual funds in India’. Search engine throws up many results but that doesn’t give any confidence to first time investors who remain uncertain about the reliability of the list. While the list containing the best mutual funds in India 2019 may be long, finding the one depends on several factors. How to choose a mutual fund for investment? You must keep in mind a few pointers if you want to choose the best mutual fund. The basis of selection should be: Financial goal Risk profile Investment horizon Your long-term and short-term financial goals can also have an impact on selection. If you have to meet your goals in less than five years, debt mutual fund schemes should be in your consideration. For long-term goals of more than five years, hybrid or equity schemes may be a preferred choice. Also, you should consider the risk factor. Remember, all hybrid or debt or equity mutual funds do not carry the same amount of risk. Some of them are riskier than the other. For instance, a small cap scheme is riskier than a large cap scheme. And, overnight and liquid fund schemes carry the minimum risk among the debt mutual funds. This is why, it is recommended to carefully analyse the mutual funds in India and consider personal risk appetite while choosing a mutual fund scheme. For more information please visit here: https://www.investguru.in/ Accord Financial Services A-60, Lajpat Nagar, New Delhi 110024 91+ 9871173000 info@investguru.in

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