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Which is the best performing mutual fund now

Which is the Best Performing Mutual Fund now?

by Holistic Leave a Comment | Filed Under: Mutual Funds

Best Performing Mutual Fund – A Frequently Asked Question

During my TV interviews, in each and every show, either the anchor or one of the callers will ask this question. Which is the Best Performing Mutual Fund now? There is not a single show in which the question about Best Performing Mutual Fund is not asked.

Also, as a guest speaker, whenever I deliver a speech in Rotary, Lions, Jaycees or Round Table, during the Q&A Session after the speech, definitely there will be a question on Best Performing Mutual Fund.

Everyone is interested in knowing which the Best Performing Mutual Fund is now. The reason behind this is they would like to check whether the scheme in which they have already invested is part of the best performing mutual fund schemes or not. If it is not part of best performing mutual fund, they would like to switch their investments to the current best performing mutual fund.

There are so many websites which rate the mutual fund schemes, list down the best performing mutual fund schemes in each and every category.

Best Mutual Fund for SIP

Whether it is SIP investment or lump sum investment, we always want to have the best for us. But what is the extent of relevance of Best Performing Mutual Fund in SIP or even in a lump sum investment?

Relevance of Best Performing Mutual Fund

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 only with the best performing mutual fund of the time. If it is an SIP investment, we cannot switch to best performing mutual fund for every SIP investment.

Is it possible for a cricketer to score a century in each and every match?

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. The longer the period in which the best performing mutual fund is shortlisted the better. But looking at the past performance is just like having a look at the resume of a job applicant. The applicant may be a topper in college or in his previous employment. However, that only provides the probability, and not the assurance, that he will be one in the future.

I am not saying, one should not look at the performance of the mutual fund schemes. Considering the performance of mutual fund is really an important step in the selection criteria. But don’t give over weightage to the performance. Don’t look only at the Best performing Mutual Fund now. You need to consider the other factors also.

Best performing Mutual Fund and Some Points to ponder over

Do you walk into a hospital or a pharmacy and ask them, “which the best curing medicine now?” Even if you ask, will they be able to give you the right medicine?

Can a best playing cricketer, fit into T20 match as well as a Test match? Both the matches have got different formats. So a best player in one format will not be a best player in the other format. Similarly a readymade list of best performing mutual fund will not fit for you, you neighbor, your brother as well as your colleague.

As we all have different financial needs and goals , we need different schemes to suit our needs and goals. A best performing mutual fund scheme suitable to my brother need not be suitable to me.

Beyond Best performing Mutual Fund:

Now, it must be very clear to you, that there are some other important parameters to be looked at beyond performance.

Requirement Study:

You should select a You should select a mutual fund, which is really suitable to your requirement. To do this, you should know what your requirement is exactly. Then you need to select the fund which is really suitable to meet your requirement.

Consistency:

Instead of focusing on which is the best performing mutual fund now, you need to focus on the consistent performing fund over a longer period of time. Instead of choosing a fund which is a recent best performing mutual fund, you may choose a fund which is not in the list of best performing mutual fund of this quarter, but a consistent long term performer for a period of over 7 years. So consistency scores over the recent performance.

Existing Portfolio:

Also you need to select a fund which is not very similar in nature when compared to your existing mutual fund investments. Irrespective of the fact that, you own a similar fund already, if you invest in a fund just because it entered into the list of best performing mutual fund, it is like taking one more paracetamol tablet along with your regular paracetamol tablet of a different brand. This will lead to duplication and over exposure.

Considering all these factors along with the list of best performing mutual fund schemes will help you Choose a fund for you instead of looking at just the list of best performing mutual fund schemes.

Final Thoughts:

Investments are just tools like a hammer. If you are in the process of building your dream house, you need to concentrate on the home that you would like to live in with your family members for the rest of your life and not on the type of hammer to buy.

You need to keep in mind that investments are not ends in themselves. They only hand round to facilitate realize the superior goals in our life.

To realize the superior goals of our life, we need to create a complete and comprehensive financial plan which covers everything from goal setting to execution towards goal achieving. To create a sound financial plan, I strongly recommend you to take advantage of our

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Jey S
Jey S
24. September, 2021.
I have been using Holistic Investment Planners for the last three years. Mr. Srinivasavaradhan answered all my questions and doubts very patiently during the first free consultation. I was able to clearly define my short-, medium- and long-term goals once I signed up for the comprehensive plan and got their investment plan suggestion to achieve my goals. They are very polite and highly professional whenever I contact them for any queries or make investments. They never pressurize you to invest on their recommended financial products. I would have been lost money by investing directly without their help since I do not have time and knowledge about different financial products. Risk planning is also done as part of financial planning. Truly, they are holistic planners when it comes to your financial planning. They help you to define your life goals, understand your financial resources and establish a plan to invest towards reaching those goals. They do review your plan as you progress to make sure that you are on correct path to achieve those goals. Kudos to the team and keep up the good work!!! I am happy that I found holistic investment planners for my financial planning and management.
aksaswadkar
aksaswadkar
24. September, 2021.
I was about to retire and really not understanding how to invest money to have financial freedom and fulfilling my goals. Was desperately searching on internet way out and fortunately came across Holistic Investment Planners. I read number of articles on their website and realized that this is the agency which I want and engaged their services for my retirement planning. It is an excellent experience to be associated with Holistic. Right from day one our interaction was fantastic and they gave me such a wonderful plan that I had never imagined. I am fortunate enough to be in the client list of Holistic. I have recommended Holistic to my friends as well.
Lionel Faber
Lionel Faber
16. September, 2021.
I've been availing their services for the past year. They are highly knowledgeable in the field and are very patient with all doubts and queries. Personalized financial planning is provided keeping your short term, medium term and long term goals in mind. They do not pressurize you to purchase schemes of their choice. They provide their input and suggestions and leave the decision up to you which shows their honesty and high principle.
Sridhar
Sridhar
8. September, 2021.
Financial planning brings peace in life. Holistic Investment have supported in arriving financial plan based on future goals. My investments are regular since then. They are professionals in their business, will recommend others.
Nitesh Agrawal
Nitesh Agrawal
6. September, 2021.
I have been using Holistic Investment Planners from last one year. The journey has been fantastic. Being a finance person myself I always thought we can look after and plan own finances also. However, due to lack of time and deciplain the things are not always as desired. After joining with Holistic Investment for the first time Icame to know the Financial goals and quantified them. Some dreams were unrealistic based on the earnings and savings so had a reality check. Also got the information and deciplain of investing on regular and more rewarding securities. I definetly suggest to use Holistic Investment Planners. They are professionals, available and hear youor full story before presenting plans. They are flexile in the sense if there are some urgent deviations required, they help to plan the same. For all professionals/individuals I would suggest using professional help of Holistic Investment Planners for best results in long term investment and financial goals achivements. Last advise will be to start early in your life. It really pays well to start in the beginning itself else the dreams needs to adjust :)
Swetha Vasanth
Swetha Vasanth
6. September, 2021.
This is my first year service with the Holistic Team and I would say that they are very much helpful in creating a financial plan and follow ups during the year. I would definitely suggest them if anyone who is willing to proceed with their savings professionally.
Joseph Mathias
Joseph Mathias
6. September, 2021.
I came to know about Holistic Investment Planners online while searching for different investment ideas. Once I contacted them the journey was very smooth. Mr. Ramalingam explained all the aspects of Financial planning in detail and it opened my mind. I realized how important it is to have a Financial planning. Mr. Rajan suggested all the requirements as per my goals and made a Investment plan keeping in mind of my goals. I started my Investment journey with them. I wish I had done it some years back then it would have been in a different level. Review meetings were held every six month to check the implementation of the plan and check the results as per the requirements and to check if any changes required. Overall it was a good experience with Holistic Investment team and would like to continue in the years to come.
Srinvas Kannan
Srinvas Kannan
30. July, 2021.
I came across Holistic investment planners almost 5-6 years back, but I did not have the trust since I had met a few of them who did not sound promising. Then I started investing through a financial advisor of my friend. After 4 years of investing the returns were very low. I was disappointed and started looking for financial advisors when I came across Holistic investment. I had a detailed discussion about my goals and the way they would approach achieving my goal before deciding to switch my investments to them. After a thorough analysis of my then existing portfolios, they suggested new ones and we zeroed-in on 6 schemes/funds where our investment would be split. I am glad I made the decision of switching over and taking Holistic planner's advise, my returns are handsome and I only wish I could have taken their help/advise 5 years back itself. Neverthless, I would like to recommend their services for investment and financial advise if someone is serious about their investments.
Shivaram Andiappan Selvaraj
Shivaram Andiappan Selvaraj
3. July, 2021.
I got a free first time consultation. I got my doubts resolved. They also gave additional advises for investment planning which was also useful.
Nellai B
Nellai B
26. June, 2021.
I have been associated with them for the past three years. They are very professional and polite in answering all our questions. I have complete trust in their suggestions. I strongly recommend for anyone. I am looking forward to have strong and successful association with them.
Google rating score: 4.4 of 5,
based on 61 reviews

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