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Business News/ Mutual Funds / Mint-30/  Top mutual fund schemes to invest in - Mint 30
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Top mutual fund schemes to invest in - Mint 30

To help you choose the right funds, here is a curated list of 30 mutual fund schemes across different categories
  • Mint uses qualitative and quantitative parameters to select 30 schemes out of more than 2,000 schemes
  • While diversification is important, keep in mind that you need just 5-8 mutual fund schemes to build a good portfolio. (Photo: iStock)Premium
    While diversification is important, keep in mind that you need just 5-8 mutual fund schemes to build a good portfolio. (Photo: iStock)

    Have you considered investing in mutual funds, but found yourself at a loss about where to start? Everyone has an opinion about how to go about building a portfolio, but what works for someone else might not work for you. Relying solely on the recommendations of distributors may not work all the time, especially if they don't have your interest at heart.

    To help you choose the right funds, here is a curated list of 30 mutual fund schemes across different categories. While diversification is important, keep in mind that 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 factor when it comes to buying market linked financial products and therefore we blend in metrics of risk. 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. Take your risk appetite and financial goals into account when choosing your schemes.

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    Published: 22 May 2019, 09:35 PM IST
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