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1st Jan 2021 (Inception of the fund) - 31st Dec 2022:
[Returns versus benchmark]
Prosperity Discovery Fund:
+44.97% (Absolute Returns, TWRR, net of mgt.fees and charges)
+20.42% (CAGR, TWRR, net of mgt.fees and charges)
Benchmark:
Nifty 50 (34%) + Nifty midcap 100 (33%) + Nifty smallcap 100 (33%)
+39.22% (Absolute Returns)
+18.01% (CAGR)
* Returns displayed above are on a time weighted rate of returns (TWRR) basis, as per SEBI guidelines. Disclaimer provided in the footnote below.
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.
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