Research is obviously a must-do for mutual fund investors before you start looking at and comparing specific mutual funds, you need to answer some fundamental questions, starting with:
1. Setting your investment goals which can go from building your first portfolio to preparing for retirement in a few years.
2. The time horizon also should be kept in mind while taking any decision, whether short or long term.
3. Always read the prospectus of a mutual fund you’re interested in, it’s better to take the time to uncover any faults before you make an allocation to it.
