One of the most important factors while making an MF investment is to know clearly the impact of entry and exit load. After 2008, when the country was struck with the aftermath of a market crash , a trend of zero Entry Load set in which was gradually adopted by most of the funds. As of today, almost every MF gives the benefit of a zero Entry Load, but there are Exit loads which do apply. Let us understand how to work out with these parameters.
There are about 50 Mutual Fund Companies in India offering 100s of fund options to choose from. For any novice to start off with his investment that looks like a framework for long term investment, it is important to understand the various elements of the Mutual Funds as well the risk taking capability of an individual for making an investment. Here are 10 Strategies to use while selecting a Mutual Fund for yourself.