Equity Mutual Funds are believed to give better returns in the long run. Compared to small and mid-cap funds, large-cap funds are considered less risky as these schemes invest in Large Cap or Blue Chip companies with stable businesses. Experts, however, suggest that one shouldn’t look at just the past returns for making an investment decision as there is no guarantee that a fund will repeat its past performance in future. The investment decision should be based on one’s risk appetite, requirements and the suitability of the fund. One should also read the scheme document carefully and also take the advice of a professional financial advisor before investing.
Beyond college funds: Why parents need to invest for a skills-first future
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