And the winner of 2018 is Debt Fund
At the start of 2018, every investor was upbeat about the equity market and the returns being generated by them. Most of them were overweight on equity and a major part of their portfolio was invested in equity. The debt fund was not considered to be the best asset in the year 2018. Hence, the exposure to the debt funds was minimum. The reason for such lower interest in debt was due to rising interest rates and falling yields that resulted in poor performance of many debt funds.
Nonetheless, at the end of the year 2018, when we see in the rear mirror, we find that our entire investment assumption has gone diametrically opposite and debt funds seemed to be a better bet than investing in equity-dedicated funds. The average returns generated by debt funds are 6.3 per cent. This is despite the NBFC fiasco that we witnessed in the last quarter of the year 2018. The best return was by Gilt funds, which generated a return of 8.59 per cent in the last year.
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)
The hybrid funds that invest in both equity and debt in different proportion performed better than the equity funds, however, the laggard performance of debt funds. Even in hybrid funds, the aggressive funds which invest a minimum 65 per cent of their assets in equity gave a negative return.
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)
This teaches an important lesson for many individual investors who do not pay much attention to the proper asset allocation and are leaning towards equity funds. Data shows that more than 90 per cent of the assets in debt funds are held by institutional investors. A well-thought asset allocation strategy would have helped investors to generate better returns and good investing experience.
Another important lesson for investors is that you should not go overboard with debt funds in 2019, just because they generated better returns last year. The rising interest rate in the US market along with liquidity tightening is going to adversely impact the debt returns in 2018. Therefore, a proper financial plan along with right asset allocation is key to a good investment decision.