@KS16
Frankly speaking, from last 20 years of experience in mutual funds industry as ARN holder and Mutual Fund Distributor, I can tell you that, no AMC has a magic wand and everything boils down to 14-15% over a very long period. No matter how many times you jump from one AMC to another and one scheme to another, you wont be doing anything better. Funds which are today in top quartile will go in 2nd or 3rd or 4th quartile in next 2-3 years. So no need of any deep research into all this. If you expect retuns around 14-15% , and also want to preserve your capital by not taking very high and idiosyncratic risks that we retailers tend to do…better shortlist top 4-5 AMCs in country and invest in their main stream funds. They will not take too much risk but will not give more than 15% returns, and since its the prestige issue( atleast I tend to think so) they will try to give 1-2% extra than Index funds to justify their expense ratio.
If you want more returns than that, then you have to.invest in direct stocks and do all those things, that we all do on Valuepickr…sepearating wheat from chaff. Hopefully we dont accumulate too much Chaff.
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