"Intermediate - Selecting the right fund" provides investors with a systematic approach to choosing mutual funds that align with their investment goals and risk tolerance. It outlines a four-step process for constructing a model portfolio based on different life stages and financial situations, as recommended by Jacobs, a seasoned financial advisor.

It emphasizes the importance of determining long-term goals and asset allocation to establish a solid foundation for investment decisions. Also delves into sector distribution, highlighting the significance of diversifying investments across various sectors. Additionally, it guides readers in selecting specific fund managers and their schemes, considering factors such as fund performance, expense ratios, and fund size.

It also provides insights into equity fund selection, debt fund selection, and general fund selection criteria. Emphasizes factors such as risk tolerance, asset allocation, fund management, and costs when evaluating different funds. It encourages investors to analyze past fund performance while understanding that it does not guarantee future returns.

With its practical guidance and comprehensive approach, "Intermediate - Selecting the right fund" empowers readers to make informed decisions when choosing mutual funds that suit their investment objectives, risk tolerance, and life stage.