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Does fund selection really decide your outcome?

Not as much as the search for the top performing fund suggests. FinEdge's published position is that resilience — the ability to stay invested — is the more important determinant of a long-term outcome than selection.

Jhalak Jain·Associate Vice President - Investments·15 November 2023

What this covers

The published note on this video is unusually blunt: chasing the top performing fund can cost you on long-term returns. The cost is not the fund; it is the switching, the timing and the interruption that chasing produces.

The alternative it proposes is building resilience — the capacity to keep contributing through poor stretches, which is what allows compounding to do its work at all.

The fund you can stay invested in usually beats the fund that looked best last year.

Full transcript

FinEdge Video Content Review — Does Fund Selection matter, section 6 Full Transcript. Supplied by Leadership, 27 August 2026.

Finding the top-performing mutual fund is easy. All it takes is a simple Google search.

The bigger question is: why do millions of investors fail to create wealth despite selecting the top-performing fund?

Let me explain to you.

Fund selection is important, but what matters much more than a few percentage points of extra return is to have a fantastic investment process in place.

That is: define your goals clearly, select the right funds based on your goal tenure, understand risk and reward, invest with correct expectations, manage greed and fear, and maintain investing discipline despite ups and downs in the market.

In the long run, fund selection is of secondary importance.

What matters more than where you invest is how you invest.

In the long run, great returns are an outcome of great investing behaviour.