Best types of mutual funds
Which mutual fund should we select? Many funds gave good returns in last few years. So which fund give best return on future. So how can we select best fund? Mutual funds offer various opportunities for us to grow our money. These mutual funds very popular in developed countries like USA. So let's see what are types of funds are there:- 1. Sectoral funds :- These funds are quite risky. Because they focus on some special sector like pharma,IT,fmcg, banking sector etc. So it's better to stay away from these funds because they are very volatile. So this can be a risky investment for some people. 2. Growth funds :- some funds invest their money to high growth companies. They give your portfolio exposure to high growth stocks like Coca-Cola and other fmcg or IT companies. But the main problem is their valuation is too high. 3. Value funds :- one of the best funds in the market as they invest their money to value stocks or undervalued stocks. If you are a long term investor...