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A mutual fund screener is a tool that helps you narrow down a vast universe of mutual funds into a smaller set that aligns with your specific investment goals and criteria. It works by applying criteria on the basis of your investment goal.
The Angel One mutual fund screener includes different criteria such as AMC, categories, risk and AUM.
To use a mutual fund screener effectively, you need information such as your investment goal, risk tolerance, etc. Also, you need information about mutual funds, such as asset class, fund type, performance history, etc.
The parameter to select the best fund depends on your investment horizon, goal, risk tolerance and financial situation.
When using a mutual fund screener, you should not over-rely on past performance, neglect diversification, ignore fees, etc.
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