Drive Watching Windshield

We are now one issue old and it is very heartening to know that our first issue received an overwhelming response from both our readers and MF fraternity. Our mutual fund flip magazine of 16 pages with innovative cover design and unique ranking of equity-dedicated mutual fund schemes is being debated and discussed by the MF industry and investors alike. There is hardly any parallel globally of such ranking and coverage. Most of the current ratings are more like advising the driver to drive the vehicle by watching the rear-view mirror! Breaking the mould, we are advising you to drive the vehicle looking out of the wind shield. 

We are confident that with the pace of technological advancement and investors' preferences of products, our rankings will give you at least guidance on where your current investments are headed and even on selecting funds that will be suitable for you. Although, a long term investment horizon is recommended for mutual funds, the data by AMFI shows that investors are shortening their investment horizon. So, what is the reason for such a shift and does it make financial sense? Our cover story this time delves into this topic and tries to answer the question. 

Many of us are lured by higher dividend yield of a fund and invest in such a fund with expectation of higher returns, at least in the form of dividend. However, that might not be the case. One of our special report dives deep into the topic and clears the confusion around it. Our other special report deals with the difference between ‘Regular’ and ‘Direct’ plans and which of these two is a better option. 

I believe you will enjoy reading this issue of mutual fund magazine and our stories will help you to take the right investment decision. We will be more than happy to receive your feedback and suggestions on our stories. 

Good Initiative 

It is a good initiative. Kindly also advise how to invest online in mutual funds, how and when to shift from one fund to another etc. Wishing you best of luck for this new venture.

 - Capt. G. S. Ghuman 

Editor Responds: Thank you for writing to us. The cover story of this issue addresses one of your queries. For the other queries stay tuned, we will try to cover them in our upcoming issues. 

❝ If you want to have a better performance than the crowd, you must do things differently from the crowd ❞ 

- Sir John Marks Templeton