Dec 14, 2023, 11:56 AM IST

How to avoid common mutual fund mistakes 

Sirali Gupta

Here are 10 ways to avoid the most common mistakes investors end up making in the vast world of mutual funds.

1. Research and training to remain informed 

2. Set realistic expectations 

3. Embrace a long-term perspective  

4. Keep away from imprudent choices during market fluctuations 

5. Inspect and rebalance portfolio regularly  

6. Keep expenses low by picking low-cost funds 

7. Connect with mutual fund distributors/advisors from time to time  

8. Look for exhortation from financial experts

9. Gain knowledge about mutual funds, their mechanisms, and the financial market as a whole regularly  

10. Understand the basics of mutual funds and the diverse options available 

Image- Pexels