What is the component that makes the key difference between different categories of mutual funds or even financial products - Standard Deviation. Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Simply called volatility. Higher the volatility, lower the probability of your investment to meet the goal.
Pattu Sir explains how to select a mutual fund category suitable for your goal in FreeFincal.
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Friday 11 March 2016
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