The Mutual Fund Show: One Mistake Investors May Be Making While Picking Schemes
File photograph of “Stop” sign that stands at the incomplete end section of new rail line. (Photographer: Riccardo Gangale/Bloomberg)

The Mutual Fund Show: One Mistake Investors May Be Making While Picking Schemes

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When making investments in mutual funds, investors often try to predict future returns. And while doing so, they naturally look at how the schemes have performed most recently—also called recency b...