Basavraj, I am interested in investment in Mutual Fund for long term 10-15 years.I am trying to select Mutual Fund considering returns based on 10years and 5years returns. Should I consider only returns or few more parameters while selecting Fund. I had gone through value research , fundsindia in which same funds are not ranking same. Also, if we go for Direct plan instead of mediator does my expense ratio will be zero. Please suggest As a start I started invested in HDFC Top 200 (G) type MF after suggestion from friend.
If you through DIRECT mode, then expenses will not be ZERO. But it will be reduced to the extent of agent’s commission, which is around 0.5% to 1%. If you are able to handle on your own, then definitely go for DIRECT. Never depend on these portals who change ratings frequently. For selection, there are other metrics too. Refer my earlier post for the same. Top 10 Best SIP Mutual Funds to invest in India in 2016 http://www.basunivesh.com/2015/10/26/top-10-best-sip-mutual-funds-to-invest-in-india-in-2016/
I had already gone through this article of Mutual Fund. But I am still little bit confused. You had ranked few MF based on 5-6 parameters mentioned in your article. Then my question is why you didn’t considered Mirae Asset Micro Fund or Birla Sunlife equity fund?
As per my understanding ranking of MF should be same on every article. I am unable to decide which MF should I consider.
The reason may be these two funds not superior to what I selected. I have not considered only 4-5 criteria but more than that. But at the same time, if you feel these funds are BEST, then you can go ahead. No such obligations that my selection of funds ONLY be BEST on this earth right ? 🙂
Thank You for your reply. Can you help me understanding MF to identify good/best MF? Some website or articles It will be great pleasure 🙂
I already wrote the funds and selection also. What more you need?