Dear ,
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 :
| Scheme Name | VRO Rating |
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.
Thanks
Sudhank