Fundwire

The money-making machines

We have taken a look at how soon some of the biggest and oldest funds have doubled their NAVs

The money-making machines

Recently, Reliance Growth Fund became the first fund ever to touch Rs 1,000 NAV. This means if you had invested Rs 1 lakh in 1995 in this fund, you would now have Rs 1 crore. We looked at nine veteran equity funds with high AUMs to find out how soon did they double their NAVs (regular plan, growth option) and hence your money.

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