Know the Mutual Fund which turned 10 lakh into 2.5 crore in 18 years, know how much return was given by other similar funds

There has been a lot of volatility in the stock markets in the last few months. Sometimes it goes down by 1000 points then it goes up by 500 points. This is especially happening due to geopolitical crisis as well as market pressure due to global inflation and rate hike by central banks. Value Discovery Fund can provide a good advantage for investors in such an environment. Data from Value Research shows that 3 funds with a track record of 15 years have given better returns. If one would have invested Rs 10 lakh in ICICI Prudential’s Value Discovery Fund 18 years back, that amount has now become Rs 2.5 crore. Whereas in Nifty 500 value 50 TRI it would have been only Rs 1.3 crore. Its return has been 27.98 percent in one year and 17.75 percent in 10 years. Its compounded rate of return over 15 years has been 16.18 per cent.

Nippon’s returns have been 24.19 per cent in one year, 15.82 per cent in 10 years and 14.57 per cent in 15 years during the same period. Talking about Invesco India Contra Fund, it has given a profit of 17.21 percent in 1 year, 17.22 in 10 years and 14.11 percent in 15 years. Talking about value funds, it plays a major role in the creation of assets. In August 2004, if someone would have done a monthly SIP of Rs 10,000 in the value fund of ICICI, then this amount has now become Rs 1.1 crore. Whereas in its benchmark Nifty 500 value 50 TRI it has been only Rs 72 lakhs.

Experts believe that the theme of value has emerged as a better theme in the time of Corona. In an environment where interest rates are on an upward trend, oil prices are also at higher levels, thus showing investor interest in the metals, energy and coal segments. ICICI Prudential’s Value Discovery Fund has been a top performer over a period of 10 and 15 years.