Dear Sreekanth,
You are doing a great job. I first discovered this site during finding some good term plan on google. Now I am really enjoying reading all articles written by you.
My query is -
For a new comer in MF investments, one should go for already performing funds as suggested by you in http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/
or wait for new fund or which are newer one. My doubt is that fund which are already shown significant growth, will not yield further growth.
Please clarify .
thanks & good wishes .
1 Answers
Dear Pranav,
Thank you for following my blogs.
By 'New ones' : Do you mean New Fund Offers?
Your doubt : 'fund which are already shown significant growth, will not yield further growth" , is just a mis-conception.
But kindly note that past performance may or may not be repeated. However, a better option is to invest in old funds with proven track record and have consistently performed well. It is prudent to avoid NFOs.
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