Can you please tell which is a "good" mutual fund ? How to define what is good ? Does past performance of the fund guarantee fabulous returns ?
If I know its good, then I would buy loads of tat fund instead of any other share or etf
Secondly, index fund is different from etf. It has mf charges which doesn't apply to etf.
If I know its good, then I would buy loads of tat fund instead of any other share or etf
Secondly, index fund is different from etf. It has mf charges which doesn't apply to etf.
Your reply seems to imply that the list of mutual funds that beat index is random and unpredictable but if you actually look, almost all fund houses have many that beat index in long term. All you need to do is make a list of 3-4 funds that have done well over long term and have stable team. Dont run after 1 year toppers.
Nothing is guaranteed in equity but i guess its safe to assume they will continue to do so untill they stop. And when they stop we can invest in index.
2) Doesnt matter etf/fund. Maybe ETF has less expenses ( i dont know ). ETF cannot beat its own index by defination. It will have some tracking error and certainly some costs. So it will lag the index little, certainly wont outperform.
When the funds have beaten the index itself, the question of expenses is irrelevant. From here, Nifty Bees has 29.3, 18.8, 10.5 annualized returns for 1,3,5 years. UTI opp has given 39.6, 21.30, 15.65. Others have similarly outperformed their respective indices. UTI opp is low volatility largecap fund. More diversified funds will give even more returns over long term.
If you cannot fathom the difference, i cannot help you.
Again, its your money - the performance difference is huge. Dont be blind and look at the numbers. I already gave list of MFs in my first post. You can use those or look at the other links.
Thats all i will write for now unless you actually read the info that i gave.
Instead of making effort to read and understand what i wrote/linked or atleast giving some evidence of your opinion, you are giving generic statements.
I had another conversation with another guy over PMS vs mutual funds and he too did same ( Eventually he resorted to abusive language )
Have a good weekend ...