Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Steps to choose a right mutual fund scheme

Steps to choose a right mutual fund scheme

Step 1 (object oriented approach): If the investor is very clear about his/her goals and the end use of the appreciation, then macro-level selection of funds becomes easier. Unwarranted risk factors can be eliminated and the investor can choose a long or short tenure in a selective mode

Step 2 (basic economic assessment of the country): One must have a basic idea about the likely economic scenario in the next few years in terms of interest rates, inflation, industrial growth, education and above all GDP growth. This exercise helps the investor to choose the investment span better.

Step 3 (fund performance study): The investor is required to study the performance of the funds for at least the past five years, collecting data from at least two sources. Fund performance analysis from multiple sources eliminates ambiguity in fund ranking. Schemes having star rating this year may turn out to be the worst performers next year. Here, past performance should be evaluated scientifically to take the correct decision

Step 4 (AUM study): Any mutual fund scheme showing increasing AUM over the years always seems to be a reasonable choice because the statistics confirms the investor confidence level.

Step 5 (expense ratio): The funds factsheet released periodically by all fund houses, reveal the expense ratio. It is the cost that an AMC bears to manage the fund. A scheme with lower expense ratio promises better returns in the future. Funds with a higher ratio should be avoided. Oversized schemes are less costly in terms of the expense ratio because they operate with a large quantum of money.

Step 6: (Study of alpha): The excess return generated by a fund over the benchmark is a valuable study for choosing the right fund for investment. A higher alpha ( ) usually highlights the fund manager’s skill, ability and performance. This adds up to the investor confidence level.

Steps to choose a right mutual fund scheme

Due diligence report format as required by RBI

At CAKART you will get everything that you need to be successful in your CA CS CMA exam – India’s best faculty video classes (online or in pen drive) most popular books of best authors (ebooks hard copies) best scanners and all exam related information and notifications.Visit and chat with our counsellors any time. We are happy to help you make successful in your exams.


Click Here to download FREE CA CS CMA Text Books.

Leave a comment

Your email address will not be published. Required fields are marked *