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Business News/ Money / Personal-finance/  Mint30 best mutual funds to choose from

Mint30 best mutual funds to choose from

'Mint' uses qualitative and quantitative parameters to select 30 schemes out of more than 2,000 schemes

Mint50 is now Mint30. We have shrunk our basket to 30 schemes. Photo: iStock

Mint30 is a curated list of 30 investment-worthy mutual fund schemes. You need just 5-8 schemes to build a good portfolio. Mint uses qualitative and quantitative parameters to select 30 schemes out of more than 2,000 schemes.

Also Read: Methodology of Mint30

We use past returns as a good starting point, but that is not enough. Managing risk is a big part of buying market linked financial products and therefore we blend in metrics of risk.

Also Read: How to use the Mint30 basket

We add the fund managers’ point of view to understand their strategies, consistency in following the investment mandate and how ‘true to label’ schemes really are.

Also Read: Four new mutual funds that have entered the Mint30 list

We usually avoid schemes that chase momentum or herd mentality. Use this list as a starting point and then spend time selecting your unique portfolio out of these.

Also Read: Mint50 is now trimmed down to Mint30

Also Read: 30 best mutual funds to choose from

Also Read: Which are India’s best mutual funds?

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