Hi, I am new Investor. I have been reading a alot about mutual fund investment but can't understand many things being discussed in this sub. But it helped me understand few things better too.
So, seeking help before investing in my first mutual fund.
Please tell me what should I look for before investing in any mutual fund.
What I know so, you don't repeat it-
Don't put all money in same sectors.
Invest in direct plan instead of regular plan.
Look for rolling profit and low expense ratio.
Look for exit load charges.
Look for a higher sharpe ratio.
I know my goals. Long term investment.
P.s. No one in the family or friends circle invests in mutual funds. So, looking for some help and guidance from this sub.
P.s.s. Don't be harsh about my lack of knowledge. I am working on it. Please be nice.