Are the returns shown in your mutual fund account statement same as the returns delivered by your fund? It is quite likely that you might have earned less than your fund. Take, for instance, L&T India Value Fund. It has delivered a return of 21.1% over the past five years. An average investor in the same scheme, however, earned just 6.9%, according to an ET Wealth study.
Can the defence sector continue firing after 100% gains?
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