OLM 50: Top Of The League

The basic principle of investing is making money and for this, selecting the right asset class is vital. What is also important is selecting the right instrument within a particular asset class. The selection of the right instrument becomes all the more critical when the universe is very large—and that is exactly the case with mutual funds. ALSO READ: OLM 50 With more than 1,500 schemes available across categories, it’s no mean task to pick just six to seven funds to build your portfolio. That’s where Outlook Money’s list of 50 handpicked funds, OLM 50, comes in. The funds included in the list are put through stringent filters (read ‘Methodology’) and the selection is based on various parameters and not just returns. The idea is to choose a consistent performer. Some of the funds in OLM 50 may not be the best performers but have been chosen because of...