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Mutual Funds: This mutual fund will make you a millionaire, there is no such return anywhere else, see the method

Mutual Funds Share Market : It has often been seen that in terms of returns, Mutual Funds have outperformed the profits of the stock market many times. Today we are going to give you information about a fund in which if you invest, then you get good profit from Nifty. Some people find Mutual Funds a better option to invest money than the stock market. People invest in bonds as well as mutual funds in the stock market. Also buy in some other assets as well. Such people get a diversified portfolio and their money never sinks.

10 lakhs became 2.5 crores
ICICI Prudential Value Discovery Fund of ICICI Prudential Mutual Fund Company has made an investment of Rs 10 lakh in 18 years to a fund of about Rs 2.5 crore. This fund has now completed 18 years. Now the investor has assets of Rs 24,694 crore (as of July 31).

increased people’s trust
Only 30 per cent of the AUM held by this category of mutual funds is with ICICI Prudential Mutual Fund Company’s Value Discovery Fund. The scheme follows value investing methods. It is invested in those stocks of different portfolios.

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stock market lags behind
Such funds often lag behind the profits of the stock market. This fund was started on August 16, 2004. It has given returns at the rate of 19.7 per cent CAGR annually. If we talk about Nifty 50, then the index has given returns at the rate of 15.6 percent CAGR. If someone had invested Rs 10 lakh in Nifty, his amount would have been Rs 1.3 crore. In this scheme, the return of 7-year SIP has been 15.81 percent, 5-year SIP return is 18.97 and 3-year SIP has a return of 27.59 percent.

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