1.   Check if the mutual fund's objective and investment strategy is the same as yours.

2.   Do some research on the mutual fund manager.

3.   Compare the recent performance of mutual fund with the index fund and other comparable funds.

4.    Look at the fund's

5.   Find out if the fund charges sales load.

6.   Determine the standard deviation of the fund.

7.   Check the fund's annual turnover.

via howtodothings