Financial Planning: A mutual fund that doubled your money in five years
Choosing the right type of mutual fund for your investment needs will depend on your investment goal. Franklin India Feeder - Franklin U.S. Opportunities Fund (Growth) is one of top performers which gave a return of 102.65% in five years.
Everyone tries to find the best investment options for their money and long term financial planning. Although investing in mutual funds has its own risks as its linked to the fortunes of the stock markets they are still considered a safe bet if you want to grow your money more than what a usual fixed deposit or banks' deposit interest rate would offer.
However, there are mutual funds that have grown so much in the past five years that they whave literally doubled the money of people who invested in those.
One such fund Franklin India Feeder - Franklin U.S. Opportunities Fund (Growth). The fund belongs to Equity asset class from Franklin Templeton Mutual Fund family.
Mutual Funds: These 5 funds gave over 100% returns in five years
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