Here is the stats for non believers of Equity Markets:-
Reliance Growth Fund
1 Jan, 2001----------------10 Lakhs Investment--------------2 Crores------20 Times the money invested--------- on 31 Dec 2010, one complete decade
HDFC Equity Fund
1 Jan, 2001----------------10 Lakhs Investment--------------1.6 Crores-----16 Times the money invested--------- on 31 Dec 2010, one complete decade
Secondly, as I keep on saying to all of my clients even a difference of 4% annual return in your Portfolio makes a hell lot of difference in the long run by MAGIC OF COMPUNDING. Lets see yourself by assuming a hypothetical example
10 Lakhs Inv------------ 22% annually----------10 Yrs-------------73 Lakhs--------------7.3 Times
10 Lakhs Inv------------ 26% annually----------10 Yrs-------------1 Crore--------------- 11 Times
So Mutual Funds Advisory becomes very important. Kindly get me at 09967052367 or mail me at mayankportfoliomanager@yahoo.com for FREE Mutual Funds advice
