Top mutual fund schemes to invest in1 min read . Updated: 02 Aug 2018, 10:13 AM IST
'Mint' uses qualitative and quantitative parameters to select 30 schemes out of more than 2,000 schemes
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.
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.
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.