Tuesday, October 17, 2017

One year Capital Gain in Equity based mutual funds.

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.


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