Let’s start a discussion about consistency of returns wrt MF. One way to look at it is the 1-3-5 year returns. A better way to look is year by year returns.
With the markets as they are currently, I have both FOMO and FOM (fear of markets). I suppose this made me look for safer options. Conservative/balanced hybrid supplemented with a controlled dose of more aggressive hybrid funds.
Here’s what I want
- No negative yearly returns in any of the past 7 years.
- Not more than 1 year with yearly returns less than 8%, in the past 7 years
- 3 yr and 5 yr CAGR above 12%
I noticed ONE fund with remarkable consistency when you look at yearly returns.
2014 - 26.33
2015 - 2.93
2016 - 13.05
2017 - 15.40
2018 - 8.62
2019 - 11.14
2020 - 14.79
It is ICICI Pru Asset Allocator Fund, a true balanced hybrid and tries to maintain balance with Equity allocation around 40% (currently 35%). Probably the most consistent. It is a FOF though and not that tax efficient.