News From Press Mutual funds: Past performance not always guarantee future return; how to choose mutual funds to get best return

Mutual funds: Past performance not always guarantee future return; how to choose mutual funds to get best return

Source: ET Wealth 12 hours ago

Everybody wants to invest in the best performing funds. Amid a raging bull market, this proclivity for higher returns is stronger than ever. A study by ICICIdirect.com shows that investors have been piling on to schemes that have topped the charts in the past three years. Among large-cap funds, the top three outperforming funds garnered 74% of the total inflows from December 2023 to May 2024.

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