Why investing in current top fund is wrong strategy?

I enjoy answering questions on Quora. It is a fantastic platform to exchange knowledge and learn new things. I confess some of the blog ideas are straightway picked up from questions I observe on Quora. Lately, because Indian market is at its pick as of writing this article, please have started asking few very simple questions, allow me to put them in a template, “What is Best Mutual Fund to invest {A} amount a month?” OR “Should I switch to fund {B} because fund {C} did not do well last year?” OR “Is it good to add fund {D} because it did give fantastic returns last year?”. At times I do attempt to answer them but mostly my answer gets conveniently ignored because it is not what they expect. I tell them to not to chase current best, instead look for the long term good performing fund. Read Full Article →

 

Is your Asset Allocation inline to your Desired range?

Asset Allocation Review

Last month, March 2017, after completing article “Things to do before March 31” I decided to verify my Asset Allocation. A few months back I did review of my investments, wherein I ran few basic checks to find out if my selected funds are doing what they are supposed to do. But, review of funds and review of asset allocation is not the same thing. Review of funds is to verify whether funds are on right track wherein review of asset allocation is to verify whether I am on track with asset allocation, which I had planned earlier, or I am drifting towards any one asset, probably Equity as markets are reaching heights. Read Full Article →