These mutual funds refer to the schemes which follow value investment strategy, with at least 65 percent investment made in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked.
Financial Literacy News: Meera, 62, plans to retire in three years after a successful career. As a single mother, she manages her finances independently. Her friends are curious about how she has prepared for retirement, considering she'll lose her monthly income. Meera has diligently saved over the years to cover her future needs.
Shelby Davis staunchly adhered to the principles of value investing, a strategy centred around acquiring stocks trading below their intrinsic value. He was convinced that this methodology not only enabled him to withstand market downturns but also facilitated the compounding of his returns over time
Tata Equity PE Fund is a value mutual fund which has given an annualised return of 17.37 per cent in the past 10 years, thus letting an accumulated investment of ₹14.41 lakh to swell to ₹35.89 lakh in just a decade
Nippon India Growth Fund gave a CAGR return of 25.72 per cent in 5 years, thus letting an investment of ₹one lakh to grow to ₹3.14 lakh. Likewise, it would have grown to ₹7.08 lakh if the same investment were invested for one decade.