New Delhi, April 11 -- Choosing a mutual fund requires careful planning and objective analysis of data including past returns. Here we examine the past returns of a mutual fund scheme i.e.,Quant ELSS Tax Saver Growth fund which has arguably given good returns in the past 25 years of its existence.
Sample this: If an investor had invested Rs.10,000 every month for one year via SIP (systematic investment plan) into this mutual fund, the total investment would have reduced to Rs.1.07 lakh by investing a total of Rs.1.20 lakh. This is because thestock market has been on a decline for the past six months.
However, if you had invested Rs.10,000 via SIP for a period of three years, the investment would have swelled to Rs.4.24 lakh by investing...
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