We all have attended weddings and tasted buffets; the variety of cuisines offered just makes our mouths water. But not everyone likes everything, we all have our favourites. Kids might prefer desserts, while health conscious people prefer soups & salads and we all have some cheese lovers amongst us who would like munching on pizzas & pastas. We all have preferences and based on our taste buds we choose the dish we want to eat. The scenario for mutual funds is similar. There are various mutual fund products offered in market and the selection of funds should be done judiciously. Following are few parameters one should take into consideration before selecting the best suited fund:
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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