Different CAGR showing in ICICI direct and Valueresearch for HDFC Equity Fund

POSTED BY vinay singh ON May 5, 2014 10:03 pm COMMENTS (6)

Hi All,

I am invested in few of the mutual funds and I see all of them are showing different values in icicidirect ” Long term annualized return” and in valueresearch “total annualized return”.  For ex: My HDFC equity is showing 13.75 % in icici direct while it is 20.71 % in valueresearch.

Can anybody please tell me what is the difference between them and which one is my correct return.

Thanks in advance.

6 replies on this article “Different CAGR showing in ICICI direct and Valueresearch for HDFC Equity Fund”

  1. vinay singh says:

    Hi ashal,
    Details sent on your gmail account.

  2. ashalanshu says:

    Dear Vinay, I’m also an I-direct customer but not investing in MFs through I-direct. Please send me the details over e-mail.

    Thanks

    Ashal

  3. vinay singh says:

    Hi Ashal,
    If you want ,I can send you the details on your mail .Let me know if you would like to take a look on it.
    I will check with I-direct also but not sure their customer care can give me the formula for it :-).
    Also, the behavior should be same for all the I-direct customers,I wonder why nobody has ever noticed it. Can you pls crosscheck this with anybody who is using I-direct.

  4. ashalanshu says:

    Dear Vinay, in that case contact I-Direct people to know their calculation method. Your account statement is not with me hence I can not comment in detail.

    Thanks

    Ashal

  5. vinay singh says:

    Hi Ashal,
    Thanks for your response. I already tried the calculator from freefincal and the result from there is similar to Value research .Because of that only ,i wanted to understand what is the difference between the two of them .

  6. ashalanshu says:

    Dear Vinay, how about calculating the same on your using XIRR feature of exl sheet?

    Thanks

    Ashal

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