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Personal Finance

Here's how to choose the best mutual fund for your portfolio

Updated : October 30, 2018 01:04 PM IST

At a basic level, the return that a fund gives over a given period is just the percentage difference between the starting Net Asset Value (price of a unit of a fund) and the ending Net Asset Value.
Returns by themselves don't serve much purpose. The purpose of calculating returns is to make a comparison. Either between different funds or time periods.
How well a fund faces economic headwinds is critical. Rates of return since launch and comparison with funds that had to face bad markets is unfair. If a fund has proved its mettle in a bear market, then the fund and its managers deserve a thumbs up.
Here's how to choose the best mutual fund for your portfolio
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