In the first table those funds with yields less than 50% have actually been a loss to the investor. He invested 15 lakh and withdrew 6 lakhs over the period. So even in case the 15 lakh hadn't been invested he should have been left with a balance of 9 lakh.. But see the present values of those under-50% return funds! Am I missing something??
Hi. In my opinion, while there is no harm in investing in NFOs that are expected to perform well; given the nature of the fund, past reputation and performance of their schemes over a period of time, you should take care that : * You understand the objective of the scheme and likelihood of its' doing well, given the overall scenario. * Take care of not subscribing to NFOs that are sectoral in nature, as this would narrow down diversification. * Not to fall for themes that have fancy names but the underlying investment avenues are similar to ongoing schemes. * Do bear in mind that it takes time for a scheme to give returns!. To that extent, it is also prudent to invest in ongoing schemes that have a good track record and are also rated by independent agencies.
The article itself is gud and teaches a lot.....request if we can get some information about the newly or not that old mutual funds like Lotus,Benchmark,AIG etc.along with their future prospects....so that we may have more avenues for investments!!!!!
