Mutual fund managers and advisors always ask investors to choose schemes with a consistent performance record. The point is your scheme is supposed to perform well in both bull and bear market conditions. A flash in the pan performance in buoyant market conditions, followed by an abysmal showing during a bleak market, can eat into your profits. That is why ETmutualfunds.com plumbed the data to filter out equity schemes which have consistently performed in five- as well as seven-year periods.
Nine big financial changes that you must watch out for in October
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