2017 Performance Report of Goalwise Recommended Funds

One of the core USPs of Goalwise is to select the best Mutual Funds for you so that you can get higher returns effortlessly. For this, we have developed a rigorous data-driven selection strategy that we use to choose Mutual Funds for our investors.

How well did our selected Mutual Funds perform in 2017?

1. Equity

Indian stock markets had an above average calendar year in terms of returns.

The headline indices Nifty and Sensex notched returns of 28.7% in 2017.

Goalwise recommended Equity Mutual Funds did even better.

10 out of 12 Goalwise recommended Equity Mutual Funds outperformed the Nifty and Sensex in 2017.

In terms of goals, our Tax Save goal outperformed Nifty by almost 8% and our other equity funds in goals like Wealth etc outperformed Nifty by 2-6% depending on the risk category since April (when the funds were changed last).

Here is the entire list of 2017's recommended Equity Funds with their respective performance grouped by goal and risk category.

*These funds were selected in April hence we are comparing April-Dec 2017 returns. The entire 2017 year performance is included for the sake of completeness.

As you can see we did quite well. :)

But at the same time, we did not get all of them right. No one can.

One of our top picks - ICICI Prudential Value Discovery Fund - did not do as well as the others. After posting strong returns in the preceding two years, this year it lagged the Nifty because of its defensive investing strategy. But the others more than made up for it. This is how investing works in general. This also shows the benefits of diversification - it acts as a protection against the uncertainty that is inherent in predicting the future.

We also need to keep in mind that every year is not going to be as good as the past one. In fact, there will be some negative years as well. Investing in stock markets always has the risk of incurring losses hence one should always invest according to one's true risk profile (and according to one's goals). Also, one should invest in equity only with a long time horizon in mind (typically 5 years or more).

2. Debt

On the debt side, we had the same funds for all of 2017. Here as well Goalwise recommended Mutual Funds have done well with all funds giving similar or slightly higher returns than an FD.

Goalwise continues to deliver on its promise of selecting the best Mutual Funds for its investors and ensuring that they get higher returns without having to concern themselves with the nitty-gritties. :)

P.S. Click here to see 2016's performance report.