In our quest to make better returns, we often get this thought: I wish I had the advantage of hindsight. Looking back at the last decade, an investor would wish he/she was in cash in 2008, remained fully invested in equities – preferable largecaps – in 2009, moved out to real estate in 2013, shifted to midcaps/smallcaps during 2014-2017 and moved out to gilt funds in 2019.
If one would have done all of that, then the kind of returns accrued would have been phenomenal. However, mutual fund industry figures reflect a completely opposite trend.
