✅ Quick Checklist to Select Mutual Funds
1. Define goal & time horizon first
(e.g. 10-15 years for growth goals)
2. Match your risk tolerance
(High long horizon → Equity; conservative → Large cap / Hybrid / Debt)
3. Choose suitable category
(Flexi Cap, Multicap or Index funds for long-term core portfolio)
4. Check consistent performance
(5 year rolling returns vs benchmark & peers — avoid chasing 1-year tops)
5. Compare costs
(Low expense ratio; always prefer Direct plans)
6. Review fund manager & AMC
(Stable manager, strong process, reputed fund house)
7. Analyze portfolio, AUM & downside protection
(Diversified holdings, reasonable AUM, falls less than market in corrections)
8. Final checks
(Liquidity/exit load, tax efficiency, read factsheet; diversify across 3-6 funds; review yearly)
On what basis you select a fund ?