Choosing an equity fund for your investment portfolio is like choosing an attire, though the decision-making process is more complex in this case. Just the way you look at a shirt or dress in detail, how well it fits you, the comfort, will it serve the purpose or occasion for which you are buying the outfit, choosing an equity mutual fund for your portfolio requires a similar approach, to put it in simple words.
Before you go shopping for an equity fund investment, you need to look at your existing investment portfolio. What kind of investments do you already have just like what kind of clothes you already have in your wardrobe and what’s missing from it? You may already be having some equity fund investments or don’t have any exposure
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