How to Find the Right Mutual Funds?
🙀 Finding the right mutual funds can feel overwhelming. In India, there are thousands of options managed by over 40 Asset Management Companies. But don’t worry, we’re here to simplify it for you.
✅ When picking the right mutual fund, start by understanding the Fund Objective. What does the fund aim to achieve, and who is it best suited for? Consider the risk involved, the size of the fund (AUM), the expense ratio, any exit loads or lock-in periods, and the fund manager’s track record. Compare the fund’s performance against its peers and benchmarks, and look for risk-adjusted returns. Metrics like standard deviation, sharpe ratio, beta, alpha, and sortino ratio can be really helpful.
❌ But here’s a common mistake to avoid: don’t just look at the past 1-year or 3-year returns to make your investment decision. It’s important to consider the bigger picture.
You can do all this research yourself (DIY) or let us take the stress off your shoulders. At Miles Wealth, we offer personalized mutual fund recommendations tailored to your risk tolerance and financial goals. We do all the heavy lifting — the research, the analysis — and then recommend the most suitable asset allocation and mutual funds to help you achieve your financial goals.
So, whether you choose to DIY or download Miles Wealth, your goals shouldn’t feel unreachable. We’re here to make your wealth-building journey simpler and more effective.
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Give it a shot (it’s free) and let us know what you think! Your feedback is super helpful and helps us improve.
