POSTED BY January 18, 2013 9:40 am COMMENTS (2)
ONthere are many fund categories I see on valueresearchonline.com. how can I come to know which one I should go for?
And how do i choose a category which provides me benefit returnwise and tax wise too
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You can read this to understand more about types and working of MFs
http://www.mutualfundsindia.com/mfbasic.asp
For tax saving you need to choose ELSS mutual funds
For other goals you need to choose large-cap MFs as core holding and small- and mid-cap funds as satellite holding.
For a detailed step by step guide to choosing a MF use this
http://freefincal.wordpress.com/step-by-step-guide-to-choosing-a-mutual-fund/