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Returns delivered by mutual funds

Value Research | September 01, 2005

In Mutual funds give great returns, we spoke about the performance of 34 mutual funds. These funds existed for the past 10 years and hence were selected for this analysis.

1. The returns are shown over a 10-year period: July 1995 to June 2005.

2. Three types of funds are analysed:
- Diversified equity funds: funds that invest in the shares of companies of various sectors. 
- Equity Linked Saving Schemes: diversified equity funds with a tax benefit.
- Balance funds with an equity tilt: funds that invest in shares of various companies as well as in fixed-return investments. 

3. The returns are annualised, meaning these are the returns you would get every year.

4. Since a Systematic Investment Plan requires you to make an investment every single month, the amount is assumed as constant all through the 10-year period.

Diversified equity funds

 

10-year return (%)

SIP return (%)

Franklin India Prima

22.16

35.78

HDFC Equity

23.76

33.22

Franklin India Bluechip

24.21

31.43

Franklin India Prima Plus

22.99

30.22

Birla Advantage

23.79

26.16

HDFC Capital Builder

15.43

24.54

Prudential ICICI Power

15.02

23.80

Magnum Global

13.53

22.98

Tata Growth

10.02

22.71

Canexpo

15.77

21.90

Morgan Stanley Growth

16.22

20.35

Taurus Starshare

8.67

19.93

GIC Fortune '94

7.89

18.16

UTI Master Growth

11.78

17.40

GIC Growth Plus II

12.46

17.14

Magnum Multiplier Plus

10.16

16.87

UTI Grandmaster

9.47

16.87

Magnum Equity

11.68

16.60

Taurus Discovery Stock

2.67

16.26

Unit Scheme '92

10.61

15.84

UTI Equity

8.63

15.56

J M Equity

8.11

14.81

UTI Master Plus '91

9.23

14.32

Principal Equity

8.43

14.20

UTI Mastershare

8.11

13.20

LICMF Growth

-2.08

10.35

LIC MF Equity

1.70

9.25

Equity Linked Saving Schemes

 

10-year return (%)

SIP return (%)

Magnum Taxgain

20.28

29.29

Canequity-Tax Saver

9.84

13.03

Balanced funds

 

10-year return (%)

SIP return (%)

Alliance '95

28.18

29.38

HDFC Prudence

22.95

28.17

UTI Balanced

21.19

22.24

J M Balanced

15.04

18.13

GIC Balanced

8.03

12.61

As can be seen from the performance figures, the SIP has delivered better returns than a lump-sum investment.




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