Why Most Retail Investors Underperform Their Own Funds This is not a theory — it’s real, data-backed insight. As per the DALBAR Study (U.S. research agency tracking investor behavior for 30+ years): - Mutual fund returns (10-year avg) = ~11% - But actual investor returns = just ~7% Why such a gap? 🚫 Frequent entry and exit 🚫 Panic selling during market dips 🚫 Timing the market, chasing performance In short: Investors don’t stay long enough to get full benefits of compounding. 💡 Truth: Even great funds won’t help if investor behaviour is poor. The DALBAR takeaway: Investors lose more to emotions than to markets. Your discipline and patience are more important than your fund manager. Behaviour ≫ Strategy Consistency ≫ Intelligence