Why don’t you tell us which funds?Hello,
I am a green card holder residing in the US, originally from India. I recently visited India and was surprised to see lot of my relatives and friends invested heavily in managed mutual funds, with expense ratios in excess of 1%.
I looked up returns of these managed funds and in all most all of the cases they were doing better than the index (bse500) by 2-4% over the last 5 years.
I was surprised with both the observations.
1. I attributed better returns than the index to big bull run which Indian markets are having in the last 5 years
2. And I attributed lack of index investing to lack of knowledge of individual investors in kind of immature markets.
Do you think my conclusions make sense?
P.S. 5 years is a short period of time. Can you look up how they did during since 2006?
Statistics: Posted by Dottie57 — Sun Dec 29, 2024 2:57 pm — Replies 1 — Views 58