The Golden Thumb Rule| Don’t drive with the rearview mirror — Kaustubh Belapurkar on why past performance misleads investors

The Golden Thumb Rule| Don’t drive with the rearview mirror — Kaustubh  Belapurkar on why past performance misleads investors

In this edition of The Golden Thumb Rule, Kaustubh Belapurkar, Director – Manager Research at Morningstar Investment Research, explains why relying solely on past performance can mislead investors. While many chase last year’s top-performing funds, Belapurkar warns that only a fraction of them sustain their ranking over time. He stresses the importance of consistency, strong … Read more

MFs selling spree continues; withdraw Rs 30,760-cr from equities in Nov

MFs selling spree continues; withdraw Rs 30,760-cr from equities in Nov

NEW DELHI: Continuing their selling spree for the sixth straight month, mutual funds pulled out Rs 30,760 crore from equities in November on profit booking and experts believe the outflow trend will continue unless there is correction in markets. With this, net withdrawal by mutual funds (MFs) has reached to over Rs 28,000 crore in … Read more