Doubnt on mutual fund returns

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 June 2010 Hello Friends,

I have seen this stateemnts "Standard charted premier equity given 71.18% return per year".
-- Is it mean, if i invest 100 at the begginng of the year i have earned 100*71.18%=71.18 return and my fund would be 171.18 after one year..

Can any one clarify my small doubt...

Regards

Rasesh

Rasesh (Expert)
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05 July 2010 Your interpretation is correct. However, a word of caution. All MF carry a statement that past performance is not indicative of future returns.