These mutual funds refer to the schemes which follow value investment strategy, with at least 65 percent investment made in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked.
If you had invested ₹1 lakh in SBI Magnum Midcap Fund or Quant Mid Cap Fund at the time of launch, the investment would have swelled over 20 times by now.
Aditya Birla Sun Life Flexi Cap Fund delivered an exceptionally high performance of 21.73 per cent in the past 25 years and seven months; an investment of ₹1 lakh in the scheme at the time of its launch would have grown to ₹1.53 crore.
Flexi-cap mutual funds have yielded annualized returns ranging from 16% to 23% over the last decade, with Quant Flexi Cap fund recording the highest returns at 23.85%, potentially turning a ₹100,000 investment into ₹8.49 lakh.
Tata Equity PE Fund is a value mutual fund which has given an annualised return of 17.37 per cent in the past 10 years, thus letting an accumulated investment of ₹14.41 lakh to swell to ₹35.89 lakh in just a decade
Nippon India Growth Fund gave a CAGR return of 25.72 per cent in 5 years, thus letting an investment of ₹one lakh to grow to ₹3.14 lakh. Likewise, it would have grown to ₹7.08 lakh if the same investment were invested for one decade.
Entering 2024, the Indian equity market promises an exciting landscape for budding investors, with the mutual fund sector offering a spectrum of opportunities for wealth creation.
If you invested ₹one lakh in SBI Contra Fund, the investment would have grown to ₹1.45 lakh in one year. In three years, an investment of ₹one lakh would have swelled to ₹2.35 lakh.
Value investing presents an appealing strategy; however, identifying genuinely undervalued stocks with a margin of safety demands meticulous analysis and discipline. Emphasizing the value investing philosophy of Benjamin Graham, as endorsed by Christopher H. Browne, is crucial in this pursuit.
Personal finance involves budgeting, saving, investing, and making informed decisions about income and expenses. It includes creating a budget, establishing an emergency fund, managing debt, and understanding insurance and retirement planning.