Mutual Fund Investment: 5 criteria to pick the right mutual fund

The mutual fund portfolio should be carefully designed keeping in mind your financial objective, investment horizon, and risk appetite. Whether it is a short-term or long-term goal, there are several mutual funds to cater your investment needs. As selecting a mutual fund is a unilateral decision, you can refer to past performance of a mutual fund, however, your portfolio should completely focus on the financial goal.
Here’s a list of 5 criteria in picking a mutual fund:
  1. Identify your investment goals and risk tolerance
  2. Pay attention to the Expense ratio
  3. Look for an experienced financial distributor
  4. Consider diversification of assets
  5. Find a philosophy that agrees with your own