DSIJ Mindshare

The month of July 2018 happens to be the 50 th consecutive month when the domestic mutual fund industry has witnessed a rise in the number of folios. It has increased from 4.76 crore at the end of FY16 to 7.55 crore at the end of July 2018, increasing at a CAGR of little more than 20 per cent. The folios are numbers designated to individual investor accounts and, therefore, one investor can have multiple accounts. It roughly indicates the number of investors investing in mutual fund schemes.

The question may look strange as you might be thinking that everyone retires only once. But I have seen some people retiring and then joining again as they did not have enough money or had done improper planning. Some people would have also experienced temporary retirement due to job loss and the period could have been anywhere between a month to years. Retirement is just like a long vacation–the only difference between a formal retirement and informal retirement is the expected change and sudden change in income and lifestyle. 

The following table lists top-ranked equity funds based on DSIJ's proprietary research methodology. We have evaluated each funds underlying portfolio of stocks and ranked them based on their expected portfolio returns. This way we are also able to rank newly launched funds that are not rated by others due to their short duration of existence.

Saving is all about sacrificing your present consumption for some future comfort or luxury. Therefore, there should be a compelling reason for you to cut your current spending so that you can enjoy the fruits at some future date. This saving needs to be invested so that inflation does not eat up your purchasing power. There are various instruments and products where you can invest and this can be done through goal-based investment. 

Last year has been quite eventful for the Indian MF industry. DSIJ tracks the big changes and explains how they are going to impact you and the mutual fund industry. We are also recommending 7 best mutual funds that you can buy for the next one year.