People who have been investing in Mutual Funds for 10+ years, what has been your annualised returns % on original investments?
Revisiting this post here as it was inconclusive. The OP was right. Instead of giving theoretical returns, people could quote their returns in the MFs for the last decade.
For the people, who have been investing since the last decade, you must have invested in both MF & FDs. Comparing the two, which gave you better post tax returns?
For me, I invested 1L in an FD in 2019 which will give me 40K in 2024. Post tax returns have been around 4.8% which would reduce if I enter 30% tax bracket. At the same time, I invested 50K lumpsum in an ELSS which gave me around 83.5K this October tax free which is around 11.5% annualised returns.The OP in the original post says that he would get 10% return in FD but 10% in FD is a thing of the past. The max Banks are giving today is between 6-8%. Even if it is 8%, with 20% tax bracket, it comes down to 6.4% & I am hopeful, MFs would beat this in a period of 5+ years
I have invested only for max for 3 years which doesn't count in market. Hence asking to share your experiences from the last decade.
Edit - Some freefincal articles about unpredictability of market returns -