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    10 amazing mutual fund schemes, make Rs 13 to 17 lakh in 5 years from SIP of Rs 10 thousand

    10 amazing mutual fund schemes : Investing in mutual funds is not as difficult as finding a fund. Many types of mutual fund schemes are available in the market. It is necessary to know which of these is right for you before investing.

    Every person wants to invest the savings earned from his earnings in a good place which can give him good returns, equity mutual funds are becoming increasingly popular in terms of returns. This is a best option for long term investors.

    Also, by using Systematic Investment Plan (SIP), you can achieve stability even during market fluctuations.

    10 amazing mutual fund schemes

    10 amazing mutual fund schemes
    10 amazing mutual fund schemes

    Benefits of Mutual Fund SIP
    Through SIP, you can invest a fixed amount at a fixed time such as every day (except Saturday and Sunday) or on a fixed date every month. You can start with a minimum of Rs 100 or Rs 500.

    With monthly SIP, you can buy mutual funds at different NAVs, this means that the funds are not much affected by market fluctuations. Apart from this, there is also benefit of compounding.

    10 amazing mutual fund schemes

    10 amazing mutual fund schemes
    10 amazing mutual fund schemes

     

    Understand the benefits of SIP
    Suppose you do SIP of Rs 10,000 per month for 20 years in an equity mutual fund scheme. And the average annual return is only 12 percent. Then you will collect a fund of Rs 92 lakh in 20 years.

    Money will rain with right funds
    As you know, there are many types of mutual funds available in the market and their performance is also different. Many funds can easily give returns of up to 15 percent. If we look at the returns of 1 year, small cap funds have given returns of 53 to 65 percent. It has given annual returns of up to 100%, you need better research to get better returns in your investment.

    10 amazing mutual fund schemes
    10 amazing mutual fund schemes

    Important things related to mutual fund investment
    As we said, mutual fund investment process is easy but choosing funds is very complicated –

    First make your target
    Determine how long you want to invest
    Things like buying a house and car can be short term goals, children’s education and marriage can be long term goals, choose the fund accordingly.
    Assess your risk capacity, according to the risk capacity you will decide which category you want to invest in. For more risk and return, choose small cap, mid cap funds, for slightly less risk, invest in large cap fund, if you have No risk appetite can be invested in debt or balance funds.
    10 amazing mutual fund schemes

    • Quant Small Cap Fund turns SIP of Rs 10,000 into Rs 17,94,960 in 5 years
    • Nippon India Small Cap Fund turns SIP of Rs 10,000 into Rs 14,76,067 in 5 years
    • Quant Midcap Fund turns SIP of Rs 10,000 into Rs 13,77,130 in 5 years
    • Bank of India Small Cap Fund turns SIP of Rs 10,000 into Rs 13,76,835 in 5 years
    • Quant ELSS Tax Saver Fund turns SIP of Rs 10,000 into Rs 13,64,424
    • Edelweiss Small Cap Fund turns SIP of Rs 10,000 into Rs 13,08,446 in 5 years
    • Quant Flexi Cap Fund turns SIP of Rs 10,000 into Rs 13,47,030 over 5 years
    • HSBC Small Cap Fund turns SIP of Rs 10,000 into Rs 13,44,275 in 5 years
    • Franklin Smaller Cos Fund made SIP of Rs 10,000 Rs 13,40,459
    • HDFC Small Cap Fund turns SIP of Rs 10,000 into Rs 13,24,099 in 5 years

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