Quant Value Fund gave more than 70% return in a year
There are many investment options available for common people in India. Common investors of the country have a choice of fixed and guaranteed return investment plans as well as high risk and high return mutual fund investment plans. Mutual fund investment is completely subject to market risks. Despite the risk, common investors of the country are investing in mutual funds in view of attractive returns. Today we will tell you about a mutual fund scheme that turned investors’ Rs 10 lakh into Rs 17.4 lakh in just 1 year.
Quant Value Fund gave more than 70% return in a year
According to AMFI data, Quant Value Fund’s direct plan has given a huge return of 73.10 percent in the last 1 year. In this sense, if an investor had invested Rs 10 lakh in this fund a year ago, then today his Rs 10 lakh would have become Rs 17.31 lakh. Let us tell you that the AUM (Asset Under Management) of this fund is Rs 2,108.80 crore. Let us tell you that SIP in this mutual fund scheme
These value funds also gave bumper returns to investors
Apart from Quant Value Fund, the direct plan of JM Value Fund has given a return of 61.22 percent in the last 1 year. The direct plan of Nippon India Value Fund has given a return of 55.72 percent in the last 1 year. The direct plan of Tata Equity Value Fund has given a return of 55.50 percent in the last 1 year. Apart from these, the direct plan of Axis Value Fund has given a return of 54.09 percent in the last 1 year.
What are value funds
There are many categories of mutual funds and value funds are one of those categories. Value funds are those funds under which mutual fund companies invest in the shares of companies whose valuation is low. For this, mutual fund companies look for shares of companies whose P/E Ratio and P/B Ratio are low. The main objective of these funds is to make big money in the long term.
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