“

If a person who invested Rs.10,000 in mutual fund in year 2003 goes for redemption, then most likely its value will be told Rs.30,000 to 45000 or even Rs55,000. It may look good increase only to fools because he does not realize that it does not cover up the following : 1) Interest rate 2) Inflation of these years 3) Cost of money Rs.10k of yr 2003 is much more worth than of Rs.1 Lakh of year 2022 and so he has made a loss of at least Rs.50,000 by such investment in mutual fund. He would have made more money by investing that amount in FD