I want to invest in mutual funds, how do i go about selecting the best fund out of the new schemes?

i am talking about mutual funds in india please!

Look for a good solid industry.

Look for a fund with no loads.

Look for a fund with no transaction fees.

Look for a fund with very low management fees.

Use dollar cost averaging to minimize risk.

Look for a fund that has had solid gains on a 1, 3, 5 and 10 year average.

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