Investment in mutual funds can be tricky, and if you're a first time investor, it may make sense to choose a financial advisor who can help you. ET guides you on how to pick one:
1. Advisor's qualification
The way one checks a doctor's qualifications and experience before a visit, it is important that your mutual fund advisor is qualified and has good knowledge of the subject. An MF advisor should have good knowledge of different asset classes such as equity, fixed income and gold.
The person should be able to assess how these asset classes will be affected by national and international develop ments, besides being able to identifying prod ucts that will meet your requirements as the years go by.
