Investors should evaluate funds on rolling returns over the long term

Investors must remember that past performance may not get repeated in the future. And any investment is worthwhile only if it suits an investor's risk profile

My spouse and I went to a concert held in Worli in mid-town Mumbai. We started in separate cars from Bandra. My spouse took the Bandra-Worli Sea Link, while I was forced to take the old route as I needed to pick up a friend from Shivaji Park. Both of us assumed that my spouse would reach faster. However, she got stuck in a traffic jam at the Sea Link exit. Consequently, she arrived much later than I did despite taking the “faster” route. However, we both agreed that she would have reached faster via the Sea Link under normal