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

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.

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