Mutual Funds India

[sumapathi]

Mutual Fund Investors,

I was reviewing the performance of the "Franklin India Bluechip - Growth" fund on www.mutualfundsindia.com, this is what i found:

Scheme Performance (%) as on Apr 7, 2010
1 Month - 5.11%
3 Months - 5.45%
6 Months - 14.72%
1 Year - 82.38%
3 Years - 17.8%
5 Years - 25.43%
Since Inceptions - 25.45%

Am i to assume that this fund earned 17.8% per year in growth for 3 years on average, or in the sum total of 3 years it has grown by 17.8%

 

[nikrod]

Mutual Fund Investors,

I was reviewing the performance of the "Franklin India Bluechip - Growth" fund on www.mutualfundsindia.com, this is what i found:

Scheme Performance (%) as on Apr 7, 2010
1 Month - 5.11%
3 Months - 5.45%
6 Months - 14.72%
1 Year - 82.38%
3 Years - 17.8%
5 Years - 25.43%
Since Inceptions - 25.45%

Am i to assume that this fund earned 17.8% per year in growth for 3 years on average, or in the sum total of 3 years it has grown by 17.8%

The performance above is CAGR (Compounded annual Growth Rate). That means for past 3 years fund NAV has grown by 63.46% in total. That is same as getting 17.8% compounded intrest on your bank FD for 3 years.

Hope it clears your doubts.

 

[praveen taneja]

Mutual Fund Investors,

I was reviewing the performance of the "Franklin India Bluechip - Growth" fund on www.mutualfundsindia.com, this is what i found:

Scheme Performance (%) as on Apr 7, 2010
1 Month - 5.11%
3 Months - 5.45%
6 Months - 14.72%
1 Year - 82.38%
3 Years - 17.8%
5 Years - 25.43%
Since Inceptions - 25.45%

Am i to assume that this fund earned 17.8% per year in growth for 3 years on average, or in the sum total of 3 years it has grown by 17.8%

If you want to see more amazing return then see Reliance Growth fund growth option or dividend option Really its a darling of all sall investors:thumb:

 

[nikrod]

If you want to see more amazing return then see Reliance Growth fund growth option or dividend option Really its a darling of all sall investors:thumb:

Agreed. Reliance Growth has given 45 times return on original investment made 15 years ago. That's amazing track record.

 

[praveen taneja]

Agreed. Reliance Growth has given 45 times return on original investment made 15 years ago. That's amazing track record.

a Rs 1000 SIP in it for 10 year is standing aboveRs. 38,90,000/:thumb:

 

[nikrod]

a Rs 1000 SIP in it for 10 year is standing aboveRs. 38,90,000/:thumb:

My calculation is coming out somewhat different. the annualized SIP return for Reliance Growth is 37.55% (Source: Value Research).

Now if you invest 1000 for 120 months(10 years) @ 37.55%, the amount at the end of it comes to 1,296,682.

Can you pls reverify your calculation or point out my mistake if there is any?

 

[praveen taneja]

My calculation is coming out somewhat different. the annualized SIP return for Reliance Growth is 37.55% (Source: Value Research).

Now if you invest 1000 for 120 months(10 years) @ 37.55%, the amount at the end of it comes to 1,296,682.

Can you pls reverify your calculation or point out my mistake if there is any?

Bro difference is cummulation at start 37.55% would rise like 37.55% but at later years it would rise at 60%:thumb:

 

[nikrod]

Bro difference is cummulation at start 37.55% would rise like 37.55% but at later years it would rise at 60%:thumb:

The calculations for lumpsum amount invested 10 years ago & SIP goes like this

Lump Sum (120months * 1000 = 120,0000) @ 26.14% would be 120,000 * (1+26.14/100) ^ 10

i.e. 120000 * (1.3755^10) = 1,223,797

SIP calculation would be calculated as recurring deposit earning 37.55% Use following calculator to calculate the final amount

https://www.corpbanknet.com/Recurr_deposit_Calc.html

The SIP Returns for total investment of 120,000 are 1,296,682 INR.

The CAGR source for SIP of Reliance Growth is Value Research.

@Praveen: For 1000 SIP of 10 years to reach 38,90,000 as quoted by you, the CAGR should be approximately 52%

 

[praveen taneja]

Bro the amount which I gave is exactly given in Reliance mutual funds fact sheet and I never believe in value research and money control as they are bekey hue logon ki biki hui websites hain
Most of analyst there and on CNBC chose franklin or HDFC for long term which in real never give return as many of m customers invest in them after watching TV and cry later

 

[nikrod]

Bro the amount which I gave is exactly given in Reliance mutual funds fact sheet and I never believe in value research and money control as they are bekey hue logon ki biki hui websites hain
Most of analyst there and on CNBC chose franklin or HDFC for long term which in real never give return as many of m customers invest in them after watching TV and cry later

The analyst companies could be doubted, but surely not Mathematics? What I illustrated goes by Maths & financial rules. Also even if the analysts are sold out, they cannot tamper with numbers as they would tamper with advice.

Anyways, I would be intrested in confirming the facts from Reliance fact sheets itself. Can you please provide the links?