What mutual fund is suitable for you?
Answers
What is a mutual fund?
A mutual fund is a type of fund that is managed by many investors.
The mutual fund that is suitable, varies upon what the investor' goal is upon investing into a mutual fund.
Answer
If the investor is looking for a mutual fund that has a high return in the future, then they would consider investing in capital appreciation fund.
If the investor is looking for a mutual fund that does not like substantiating risk, then they would consider investing in a balanced fund.
✔✔ Hello mate ✔✔
here's your answer
Just as you would buy a computer that fits your needs and budget, you should choose a mutual fund that meets your risk tolerance and your risk capacity levels (i.e. has similar investment objectives as your own). Typical investment objectives of mutual funds include fixed income or equity, general equity or sector-focused, high risk or low risk, blue-chips or turnarounds, long-term or short-term liquidity focus. You can use our Find-A-Fund query module to find funds whose investment objectives match yours.
You can also read our expert article on Investment in Mutual Funds to understand how best to find a mutual fund to meet your needs and what other factors to consider while evaluating mutual funds for investment.
¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤
¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤
Hope it helps you