How to find best performing funds? Which website gives correct comparison?
Ans: Can a best-performing mutual fund now continue to be a best-performing mutual fund even after a week, after a month, after a quarter, after a year…?
Then in that case, do we intend to switch our investments every week or quarter to stick with the best-performing mutual fund of the time?
If it is a SIP investment, we cannot switch to the best-performing mutual fund for every SIP investment.
Is it possible for a cricketer to score a century in each and every match?
Even though this is completely ironic to the above question, the truth is,
“Don’t chase after the Best-Performing Mutual Fund!”
Regardless of the Mutual Fund scheme, the performance shown is history. Past performance is just a guide to check how well the fund manager did in the past.