Are you going by quantitative parameters alone, or would you be adding some qualitative observations too, in the future?
Unlike a stock, which can be assessed quantitatively, particularly in the context of trading, assessing mutual funds for long term does not appear straightforward. Managers may change their views depending upon market conditions and this can impact the returns. Value oriented managers may miss rising scenarios but can be relatively better when the tide turns. Churning more based on quantitative factors like Quant does could be different. A fund manager may have caught a few stocks early on, which may have changed the returns entirely, and it may not be repeated again, his later calls may not yield as much. So there are some qualitative arguments beyond the numbers.
And if you are doing this for yourself, and if you are interested have have got time, there is a lot of information of knowledge in the forum, to do the same quantitative analysis, TA, of stocks, instead of MF, which has the possibility of delivering more returns, where you have all the control.
| Subscribe To Our Free Newsletter |
