Neutral impactStocks
First-time mutual fund investor? How to choose the right fund from hundreds of options, expert explains
Mint 1 hr ago·8 Oct 2026, 1:52 am
For new investors, the sheer number of mutual fund options can be overwhelming. To navigate this, experts suggest starting by defining your financial goals, such as saving for a home or retirement, and determining your time horizon. This helps in selecting a fund that aligns with your specific needs rather than chasing trends.
Next, assess the fund's risk profile to ensure it matches your risk appetite. It is also wise to review the fund's historical performance over a 3-5 year period to gauge its consistency. Finally, keep your investment portfolio simple and avoid over-diversification to stay focused on your long-term objectives.
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- Category: Stocks.
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