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Which mutual fund suits you the best

Hi Friends,

This article on www.economictimes.com details out the various types of mutual funds available in the market and their suitability for individual investors, depending upon their risk profile and the overall investment profile.

Which mutual fund suits you the best

Mirror, mirror on the wall, which is the best fund of them all?

This seems to be the daunting question in the minds of all investors planning to park their money in mutual funds. While investing in mutual funds is considered to be much easier than building a portfolio of stocks on one’s own, the whole exercise is not really as simple as it appears. There are numerous types of mutual funds on the block, even if we do not consider the various copycat funds from different fund houses, focusing on similar sectors, indices and themes.

While the whole affair is not much of a task for seasoned investors, the beginners may feel lost in the jargon of open-ended, close-ended, equity, debt, diversified, tax gain, growth fund, income fund, bonus plan, diversified, balanced, sector funds and the alike. There are also the theme-based funds like achievers, super achievers, future leaders, leaders, tigers, rural India funds, three-in-one, hi-fi funds, etc to add to the confusion of the investors.

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posted by Arhaan @ 8:52 PM