It is but human to fall for mutual funds which have higher stars/better rankings as an individual is prone to going to make a favourable decision in favour of that fund as he or she is prone to consider that particular mutual fund as a better fund.
Crisil mutual fund ratings
We know that Crisil is good in ratings but these ratings are given for mutual fund as a whole and not as a single fund under its umbrella. Thus do not get overwhelmed by these ratings.
ICRA mutual fund ranking
Stop searching for these ratings as these ratings may not reflect the correct picture.
Mutual funds rankings 2011, Mutual funds rankings 2010
Stop searching on Google with above keywords as past performance is no guarantee for future performance for mutual funds as they take a longer picture into account.
Thus the moral of the whole story is :
- Do not go by star ratings of mutual funds and blindly invest in the same based on their ranking as ranking is done based on past performance of the fund and it does not guarantee future returns as future market conditions are not predictable.
- Rankings keep on changing with time in accordance to the performance of the funds.
- Ranking does not specify the kind of investor it will benefit. Different investors look for different kind of gains.
- Identify correct fund as per your financial goals.
As a signing off thought do not blindly look at the ranking and rating and one should undertake thorough research as each individual is different and he or she has different financial goals. However if you want to get best returns on your investment than none can beat the equity market and of course you can use Jackpot Tip and make money like professionals while doing day trading.
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