POSTED BY November 1, 2011 11:09 pm COMMENTS (6)ON
I was just going thru Moneycontrol SIP calculator for a particular fund and I end up in confusion.
Confusion is in ‘returns’ if I use Moneycontrol SIP calc for SBI Magnum TAX G fund it shows 10.5% annualized returns. However if I see returns on performance sheet for 3yrs it shows 20.6%.?? So now question is which is relevant in SIP returns calculations. for instance if I use jagoinvestor SIP calculator then I should enter 20% or 10% returns?
For better understanding I have put together couple of screenshots.
MoneyControl SIP calculator for SBI Magnum Tax Gain 3yrs returns 10.05%
Moneycontrol 3yrs Returns showing 20.6% and valueresearchonline also shows 20.6% returns(annualized)
Links of Moneycontrol SBI Magnum Tax Gain fund and SIP calculator
Valuerearchonline link for SBI Magnum Tax Gain Fund
Jagoinvestor SIP Calculator
p.s. I have checked couple of other funds as well and there is huge discrepancy.
Any thoughts please!