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Calculating Return Since Launch

Is it calculated at Rs 10 invested at Inception

How is "Return Since Launch" calculated? Is it calculated at Rs 10 invested at inception?
-    Jojo Jacob

You are right. Return since launch is calculated from the date an issue (NFO) is closed with an opening NAV of Rs 10.

This article was originally published on June 17, 2009.

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

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