Doubnt on mutual fund returns
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2010
Hello Friends,
I have seen this stateemnts "Standard charted premier equity given 71.18% return per year".
-- Is it mean, if i invest 100 at the begginng of the year i have earned 100*71.18%=71.18 return and my fund would be 171.18 after one year..
Can any one clarify my small doubt...
Regards
I have seen this stateemnts "Standard charted premier equity given 71.18% return per year".
-- Is it mean, if i invest 100 at the begginng of the year i have earned 100*71.18%=71.18 return and my fund would be 171.18 after one year..
Can any one clarify my small doubt...
Regards
05 July 2010
Your interpretation is correct. However, a word of caution. All MF carry a statement that past performance is not indicative of future returns.
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