Question 4 of 8
When selecting a mutual fund scheme, besides the investment strategy, what other factors should be considered, especially when comparing schemes from different AMCs or within the same category?
A
The color of the AMC's logo
B
The fund manager's age
C
Scheme features, risk levels, and alignment with investment goals
D
The number of branches the AMC has
Correct Option:
C
Explanation
In addition to the investment strategy, investors should evaluate the scheme's features, risk level, costs, historical consistency, and suitability for their financial goals. Comparing these factors helps in selecting the most appropriate scheme within a category.
