POSTED BY February 5, 2015 8:53 pm COMMENTS (4)ON
I have read so many articles related to investment in ELSS funds (recommended for tax saving purpose). I started SIP in 5 tax saving funds of Rs 1000 monthly but confused with the analysis of mutual fund performance. Following is just an example :
|1 YEAR RETURNS||3 YEAR RETURNS||5 YEAR RETURNS||ACTION|
|Kotak Select Focus Fund(G)||68.29%||30.83%||17.94%||Invest Now|
In this fund , Can anyone please explain that how they mention 68% return (Was it Peak at any point of time/Average ) in 1 Year & 31% return (lesse return for more period) if we keep our money for 2 years in same fund & 18% (Lesser return for more period) if we keep lock our money for 5 years.