Personal Finance
Mutual fund investors, pay attention! A thematic mutual fund has outperformed its peers and delivered exceptional returns over the last three years. Nippon India Taiwan Equity Fund has generated 66.5% returns during this period, significantly outperforming large-cap, mid-cap, and hybrid funds.
As per the Association of Mutual Fund in India data on May 21, Nippon India Taiwan Equity Fund has delivered 66.46% direct return and 64.18% regular return in three years.
Mutual Fund Return Calculator For Nippon India Taiwan Equity Fund
Considering Nippon India Taiwan Equity Fund has delivered 66.46% direct return in three years, a 25,000 lump sum investment in 2023 would have turned into Rs 1,15,310.
Mutual Fund Investment Return Calculator
The lump sum investment amount is Rs 25,000, and the MF scheme delivered 66.46% CAGR over three years. Putting the numbers in the formula, we would get the final amount calculation
Final Value = Principal x (1+ Annual Rate)3
The Step-by-Step Compounding:
Initial Principal: Rs 25,000
End of Year 1: Grows by 66.46%
25,000 x 1.6646 = Rs 41,615
End of Year 2: The Rs 41,615 grows by another 66.46%
Rs 41,615 x 1.6646 = Rs 69,272.33
End of Year 3: The Rs 69,272.33 grows by a final 66.46%
Rs 69,272.33 x 1.6646 = Rs 1,15,310.32
About Nippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund was formed on December 11, 2011. The mutual fund scheme is managed by Kinjal Desai. The fund offers a diversification opportunity as it lets investors to park their money into high conviction stocks of companies listed in the stock exchanges of Taiwan. The fund investment follows long-term horizon and will follow a bottom up investment approach layered with flexible cash position.
As per Nippon India website, the fund comes with a 1% exit load ratio if the investment is redeemed or switched out on or before the completion of three months from the date of allotment of units. Nippon India Taiwan Equity Fund 66.46% return in five years and a whopping 217% return in one year.
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