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These 6 mutual funds delivered over 15% annual returns over last 10 years
By : Sandhya
A value mutual fund is a scheme that invests at least 65% of the invested amount in stocks that are undervalued but expected to perform well over time.
Multiple such value schemes have also delivered over 15% annualised return in the past 10 years. The following are six examples. The highest return was from JM Value Fund at 17.52% over a ten year period.
The others are from HSBC Value Fund at 16.83%, Nippon India Value Fund at 16%, ICICI Prudential Value Discovery Fund at 15.26%, Bandhan Sterling Value Fund at 15.22%, and Tata Equity PE Fund at 15.04% return.
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