Mutual Funds are certainly subject to market risks, reading of the offer document carefully is the statutory warning and an advice before investing. Hence, it makes the investors alert and fearful at the same time. This implies, while mutual funds are risky yet good investing option, an investor must know well and have in-depth knowledge of choosing and then investing in mutual funds.
Knowledge of different fund types, their performances, lock-in period, risk involved, return rates and income/growth can all contribute towards a better decision of choosing a fund type that is trending and suits your need as well. Trending can be gauged and computed, what suits you is how you should approach on what’s best for you to invest. To pick the most appropriate fund you must answer the below: