Investing in last year’s best-performing mutual funds may seem like a logical strategy at first, but it isn’t. As a mutual fund investor, if you look at the last 1-year returns of equity funds, you will notice that, almost always, there is a new fund topping the return charts each year. It will be some sectoral fund one year, a small-cap or a large-cap fund the next year, and so one.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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