Hello,
If I am planning to invest in equity based mutual funds (mostly in the diversified category) for around 5-7 years, what kind of annual returns can I expect?
I know the returns are not gauranteed but I want something that I can use for estimation purpose.
The category average for equity diversified funds is around 7% for 3yrs and around 20% for 5yrs (from valueresearchonline.com). However, all 4 or 5 star rated mutual funds from valueresearchonline have annual returns much greater than the category average. So I am a bit confused.
Is it a good idea to use category average as standard estimating future returns or is there a better way to do it?
Thanks,
Niranjan
If I am planning to invest in equity based mutual funds (mostly in the diversified category) for around 5-7 years, what kind of annual returns can I expect?
I know the returns are not gauranteed but I want something that I can use for estimation purpose.
The category average for equity diversified funds is around 7% for 3yrs and around 20% for 5yrs (from valueresearchonline.com). However, all 4 or 5 star rated mutual funds from valueresearchonline have annual returns much greater than the category average. So I am a bit confused.
Is it a good idea to use category average as standard estimating future returns or is there a better way to do it?
Thanks,
Niranjan