$Digital Investment platforms blues !
Presently there are a lot of online/digital platforms where one can start investing in mutual funds.. If you observe, allmost all of these platforms show 5 years returns max. Donot get swayed or dis-motivated into making these as your primary criterions for selecting or avoiding funds. It is not necessary that, if a fund is performing well or poor in the last 5 years it will transcend into future gains or losses. If you look and compare at all data from indexes of the stock market in the past 10 years, you can see severe times of volatility and boom in these funds, and these 10 years data provide allmost true representation of the funds in our watchlist.
Invest wisely, find out the 10 years data of the mutual fund in your watchlist. Avoid AMCs where there is attrition of multiple fund managers in these 10 years data, and also at the same time, research the time of how much these fund managers has spent in the particular AMC where he is looking after the particular fund. It's your money that you give to the fund managers to maintain.
If an AMC is charging a high expense ratio but also at the same time, you see that the fund manager is same for the last 10 to 15 years, go for it.
Also analyse the NAV from the 10 years data or from inception of the fund.
AUM of the funds should be moderate to high. Alpha should be above 1. Beta should be below 1.
You can't become a billionaire/millionaire investing in mutual funds. If one could become a millionaire/billionaire through mutual funds, there would have been a crowd of billonaires/millonaires commoners. That should not be the goal. You are building at corpus so that you retire with peace. And mutual funds serves the right purpose in helping you build a part of the corpus.
Research and become Atmanirbhar investor.