The benefit is big enough to matter if you plan to hold on to your equity funds for a long period, say, five years or more.You, as investor, get an opportunity to earn a slightly higher return from your mutual fund.
10 January 2013
Choosing portfolio management schemes:: Business Line
There are a few important things that an investor should keep in mind while selecting a portfolio management scheme (PMS).
The first and most important factor is who is behind the PMS? Or who is going to manage the PMS? This is a question on the standing and quality of the organisation which is running the PMS. It is important that the organisation you choose is an established one and has the capacity and resources to manage the funds professionally and deliver customer expectations.
Ideally you must avoid small and unknown firms. The fund managers and their experience, not only in terms of the length of their experience but also performance delivery in their earlier assignments, may also be looked at for guidance.
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