For a normal investor, equity market is a difficult place to be in, because of study requires to pick best stocks. That is the reason people move to mutual funds where their funds are being managed by professionals. But only choosing scheme of mutual fund is not enough.
It is important to keep monitoring one’s mutual fund portfolio. After choosing good funds one has to give the investment sufficient time to perform and fetch returns.
The correct approach after carefully putting together the portfolio is to do a review once every three or six months.
So keep your portfolio intact if it shows good performance as compared to index and peers. Stay invested to keep the reap the rewards but keep your eyes open and review the portfolio from time to time.
Buying and forgetting mutual funds is done at one’s own risk.
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