Looking for Mutual Fund recommendation
Which are the best mutual funds for long term investment. The aim is to at least beat index funds and inflation! Also, please recommend some good small-cap funds for good returns!
In the long term - Index beats everyone 😉
For small caps -
1. Nippon India small cap
2. SBI small cap fund
P.S. - Trusting anon accounts for financial advice is subjected to market risks ;)
incognito
Stealth
a year ago
Small cap MFs are way, way overloaded. This year these MFs started trading at 10-20x revenue. Insane.
There's a scorecard that's put out every year.
https://www.spglobal.com/spdji/en/documents/spiva/spiva-india-year-end-2020.pdf
In 2020, 80% of actively managed funds underperformed the index.
Now let's look at some newer data-
https://www.spglobal.com/spdji/en/spiva/article/spiva-india
In '22, 88% of actively managed funds underperformed the index.
Even if you find a fund that consistently outperforms the index, how long do you think that'll last? I'd wager, not for long :)
Personally, I don't touch small caps. So I don't have anything to add there.
