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  • News From Press How to calculate returns from mutual fund SIPs

    How to calculate returns from mutual fund SIPs

    Source: ET Jan 6, 2024

    As per a Geojit Financial Services report titled "World Equity Indices Screener: Around the World in 5 Minutes" for the calendar year 2023, notable indices in 11 out of 45 countries concluded the year at levels near or exceeding five-year or all-time highs. The Sensex, registering a one-year return of 18.7%, marked its strongest performance since 2021 and the second-best since 2017, securing the 15th position among the 45 indices. Additionally, Indian indices secured the sixth position with a three-year Compound Annual Growth Rate (CAGR) of 14.8% and the fifth position with a five-year CAGR of 13.2%, as per Geojit's assessment.

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