Look at long-term records to choose mutual fund plans to invest in

Wealth managers advise that investors choose mutual fund schemes that perform better than their benchmarks and category averages consistently in both bull and bear markets, and stick to a fund manager who takes a balanced approach, rather than chasing returns based on the previous year’s performance.

Data from ICICI Securities show that the top performers in a category keep changing every year and what is the top performing scheme this year may