How to choose a mutual fund: A beginner’s simple step-by-step guide
Start investing with an amount you’re comfortable with and review your mutual fund’s performance every six months or annually. Stay invested if it meets your goals and outperforms peers; otherwise, consider alternatives. For beginners, a simple, well-diversified equity or balanced fund via SIP is ideal. Discipline, periodic review, and letting compounding work are key to long-term wealth creation.
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Start investing with an amount you’re comfortable with and review your mutual fund’s performance every six months or annually. Stay invested if it meets your goals and outperforms peers; otherwise, consider alternatives. For beginners, a simple, well-diversified equity or balanced fund via SIP is ideal. Discipline, periodic review, and letting compounding work are key to long-term wealth creation.
