Skip to main content

WHAT ARE THE BEST PERFORMING SCHEMES SEEN FROM MORE THAN 20YEARS TIME FRAME?

Looking at a bigger time horizon, viz more than 20 years time frame, following two schemes have been out performers-
  1. Reliance Growth Fund - Started in Oct 1995, the Unit NAV has grown from Rs 10/= to Rs 1139=4581 today, which is compounded annual growth rate of approx 23%
  2. Sundaram Select Mid Cap Fund - Started in July 2002, has grown from Rs 10/= to Rs 522=77 today, giving a compounded annual growth rate of approx 28%

Comments

Popular posts from this blog

ARE PROFITS FROM MUTUAL FUND INVESTMENTS TAXABLE IN INDIA?

Profits from Mutual Fund are of two kinds - Short Term Capital Gains - IF the MF units are sold before completion of one year from the date of purchase, then 15% short term capital gains tax is applicable. Long Term Capital Gains Tax - IF the Units of MF are sold after completion of more than one year (from the date of purchase), then profits (if any) on such transaction are exempted from Income Tax to the extent of Rs One lakh per annum. And if the profit exceeds Rs One lakh per annum, then the amount of profit exceeding One lakh will be taxed @ 10% from current assessment year onwards.

WHICH IS BETTER IN TERMS OF RETURNS - MUTUAL FUNDS OR DIRECT EQUITY?

Direct equity definitely has given better returns than mutual funds. It should be remembered that investment in share market also carries greater risk. As we know, greater the risk,bigger is the reward But if one is trained in handling the risk,one may get injured or harmed Therefore,it is advised, before attempting direct equity investment,one should learn or attempt the art of risk taking in equity markets, or managing risk Take a calculated risk and this may give a much much better rewards than mutual funds.