Your mutual fund is meeting its goal. Should you still switch? Radhika Gupta explains
The problem, she said, starts when investors begin comparing their fund’s performance with the latest market winner.
“Most investors start with an absolute goal,” Gupta wrote. “I need 10% returns. I need to retire comfortably. I need my money to beat inflation and grow.”
According to Gupta, if the fund delivers the expected returns and the investor’s financial goal remains on track,