Mutual funds can invest in stocks, bonds, cash or other assets. Investors have the option of investing in various mutual funds schemes. Though predicting how a mutual fund would react in a particular situation is tough and choosing a scheme from thousands of mutual fund schemes available in the market is not easy for many investors.
Opting for the right mutual fund scheme in India is one of the biggest hurdles faced by many new investors. It requires a significant amount of research and effort to choose the right kind of fund, manage it and earn returns. Your choice of type of fund must depend on your investment goal, time horizon, risk appetite and so on.