Back-to-School special: Mutual Fund Guide 1.0

It's that time of the year when parents go through a school-hunting experience of admitting their kids into the right school. This is a challenge that every parent embraces with rolled-up sleeves! Every parent goes through that daunting task of selecting the right school. It can be very overwhelming for any parent who goes through the list of various schools offering different environments, philosophies, teaching styles, curriculums, financial commitments etc.

Similarly, picking the right mutual fund house is one of the biggest hurdles faced by many first time investors. To pick a favourite among the 40 plus mutual fund houses (AMC) across India isn't a piece of cake. Various websites splash ads across the internet selling their best mutual fund to budding investors, street hoardings catch the attention of busy commuters on their way to work/home etc., fanciful ads make it to the front page of leading newspapers. But does an investor really know what makes a good fund house? What are the parameters that define a good fund house?

Ideally, investors must have an investment objective defined for themselves. Without a clear picture of what investors want to invest in backed with their expectations in terms of time range, returns and risks, it would be very difficult to choose a scheme of a fund house that meets their needs. Once these parameters are spelled out, it becomes relatively easy to choose a fund house. Here are a few parameters that an investor must zero down while selecting a fund house and choosing a fund that meets your needs.

Hence, it is important when picking the right mutual fund. Every investor must do a background check of a mutual fund house before narrowing down on the choice of schemes. Just as parents go through a harrowing time selecting the choice of school for their kids, it is the duty of every investor to take time in doing their homework well before taking the plunge.

There are many other factors to consider, apart from the above 3, you are advised to consult your financial advisor before taking an investment decision.

Disclaimer, Statutory Details & Risk Factors:

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 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 this article 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. Please visit – www.quantumamc.com/disclaimer to read scheme specific risk factors.

Above article is authored by Quantum.

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