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Mutual Fund investments are subject to market risks, read all scheme related documents
carefully.
Stellar returns from JM core 11.
4% annualized returns over 25+ years. Complete decimation in 2008 fall.
I did not invest but somehow this is very memorable and a lesson to all that even MFs can F up very badly.
https://www.valueresearchonline.com/stories/10765/bull-run-to-last/
https://www.valueresearchonline.com/funds/6673/jm-focused-fund/
( See full history for regular fund to see what happened in 2008. )
-82% ! 10Rs became 1.83Rs hahaha
2007 initial price only recovered in 2021.
Almost 15 years underwater. .
I think the way things are going, nifty will be under water for the next 15 years. Haha LOL.
Unlikely, but it does show the risk of concentrated bets, esp chasing hot stuff without clear tested plan. Capital destruction like this is hard to recover from.
Also don’t take opinions of Fund managers too seriously, they can get carried away too.
Might be a bit long for insta/tiktok generation.
Maybe they should start creating these types of moving camera + short 10s clips.
Just noticed - google has a short video filter too !