POSTED BY October 26, 2010 1:50 am COMMENTS (4)ON
i want to know that what does it means when we say that annualized rate of return of a fund is 35% ?.
Does it mean that yearly return(average) during a period is 35%?
I want to increase the contribution in HDFC Taxsaver G From 1000/- To 2500/- permonth & also in HDFC Equity G from 1000/ – to 3500/- permonth. Is it wise? or should i opt for other scheme for making additional investment.
I want to invest for minimum of 15 years.And i dont beleave that anybody has timed the market correctly uptill now, only route to success is descipline and long term.