InvestorQ : Which is better one Mirae mutual fund schemes or Axis?
Tisha Malhotra made post

Which is better one Mirae mutual fund schemes or Axis?

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Moii Chavate answered.
9 months ago
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Investors’ interest has increased in the schemes run by Mirae Asset and Axis mutual fund as several schemes of these two fund houses have been doing well for the last few years. However, it is not certain that top-performing schemes will continue to perform in the future as well. Even the best of the funds may see times of underperformance due to a variety of reasons. Moreover, having a portfolio of schemes by only one or two fund houses may cause concentration in the portfolio.

Finally, it is recommended that a mutual fund portfolio be diversified across parameters including exposure towards various fund houses. Therefore, instead of chasing high performing schemes, an investor should invest in the schemes that suit their risk profile and fit in their asset allocation to meet their long term financial goals.

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