10 things to remember if you are investing in units of a mutual fund

They work well for investors who aren't adept at picking stocks, debt and other instruments. Yet, one must consider a host of factors before choosing a scheme or fund house

Many who enter the stock market for the first time or aren't otherwise adept in analysing trends and company fundamentals, try to make a quick buck leaning on tips from friends and so-called experts--and often end up burning their fingers in the process. It would have been much better for such investors to trust their money with a good mutual fund house, whose manager would take on the burden of generating a decent return for them.