Unlocking value: These 6 mutual funds offered over 15% annual returns in last 10 years; should you invest?
Prior to investing in a mutual fund, investors are advised to evaluate the performance of different schemes in the same category to gauge their historical performance. This not only gives investors a peek into the scheme’s historical performance but also tempers their expectations of its future performance.
For instance, when a scheme, like a stock, delivers an exceptional performance in the recent past, it is seen as overpriced and is not expected to deliver the same performance in future. The correct assessment, therefore, takes place when you evaluate the performance of a scheme and compare it with its contemporaries over a long period, say 10 years.
Here we list out the top-performing value funds over a 10-year period.
