Mutual Fund Advice to Compare Mutual Fund Performance

May 20, 2009 by MyOrbit · Leave a Comment
Filed under: Business, Investing, Money & Finance 

Question: The stock markets have revived in the last few weeks, and I am interested to buy mutual funds from reputed fund managers. Can you please share some advice on Mutual Funds and how to Compare Mutual Fund Performance?

Answer: Lets start with understanding what a mutual fund is and how it works. Mutual funds are efficiently managed firms of investment groups. The firm gathers money from other investors and invests the money on several money market funds, bond funds and stock funds. These groups of investments are called a portfolio. Imagine a group of people who place their money on several money market commodities like stocks, short-term money market instruments, bonds, other securities, and assets, or a combination of all of these; that’s a mutual fund. Read more