One year ago I had invested in following mutual funds and the one year return is as follows:
Aditya Birla Sun Life Front Line Equity Fund Direct Growth 16.75%
HDFC Mid Cap Opportunities Fund Direct Growth 17%
ICICI Pru Value Discovery Fund Direct Growth 10.8%
Tata Balanced Fund Direct Growth 10.3%
From the above it may appear that Balanced Funds give less returns but this is not true.
ICICIPru Balanced Fund gave 18.5% return on my small investment of Rs 5000/-
Please note that Capital Gain on equity based mutual funds after one year is tax free and there is no exit load on redemption.
Aditya Birla Sun Life Front Line Equity Fund Direct Growth 16.75%
HDFC Mid Cap Opportunities Fund Direct Growth 17%
ICICI Pru Value Discovery Fund Direct Growth 10.8%
Tata Balanced Fund Direct Growth 10.3%
From the above it may appear that Balanced Funds give less returns but this is not true.
ICICIPru Balanced Fund gave 18.5% return on my small investment of Rs 5000/-
Please note that Capital Gain on equity based mutual funds after one year is tax free and there is no exit load on redemption.
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