These are trying times for investors. As of 16 August, the three-year compounded annual growth rate (CAGR) on large-cap equity funds is just 8.56%. For small-cap funds, it is even lower at 3.55%. However, the five-year returns are higher at 8.32% and 10.43%, respectively, according to data provided by CRISIL Fund Research. Within debt, gilt funds gave 9.59% over the last five years and short-term debt funds delivered 7.31% in the same time period. Patience is wearing thin, especially when it comes to investing in equity funds, and the oft repeated mantra—stay invested for the long term—feels harder and harder to follow.
Nine big financial changes that you must watch out for in October
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