THE LONG AND SHORT OF ALL PROFESSIONAL FUNDS

Again we look at some public data to get the assessment of long and short term performance of the so called “professional investors”.

These returns equate with the most naïve traders and investors of equity markets who don’t have an inkling of idea of why they are buying or selling a particular stock.

When you question the Fund representatives, they comfortably take you to the “long term” ride and manage to hide their own shortcomings.

Fact: You will still keep on infusing money

Biggest paradox: You think your money is managed better by these professionals rather than anyone else including you. This is despite 35% drawdowns in the short term and paltry returns in the Long term.

Your satisfaction: At least there is a discipline of cash flow is getting diverted and parked in savings.

Kindly think: Isn’t the price being paid for structuring this discipline too much. I guess you would do much better off by blindfolding yourself and picking random stocks from Nifty 500. You would do phenomenally better than the above stats by applying a few simple filters to the Nifty 500 list and then blindfolding yourself and picking random stocks from that list.