I am contemplating to invest in mutual fund but before doing that can you tell me what is the highest,lowest and average yearly return (in percentage) for mutual fund.
Lets consider three scenario
a)Highest: I got lucky and selected the highest return(yr) mutual fund
b)Lowest: I got unlucky selected the lowest return(yr) mutual fund
c)Average: some average returning mutual fund
what will be my returns in a year for these scenarios
Can anyone with a good knowledge of mutual fund help me? I know the profit and loss are unlimited but in real world there is always a number and i am looking for that number
Lets consider three scenario
a)Highest: I got lucky and selected the highest return(yr) mutual fund
b)Lowest: I got unlucky selected the lowest return(yr) mutual fund
c)Average: some average returning mutual fund
what will be my returns in a year for these scenarios
Can anyone with a good knowledge of mutual fund help me? I know the profit and loss are unlimited but in real world there is always a number and i am looking for that number