Mutual funds are consistently giving very good returns to the investors. Many mutual fund schemes have doubled the money of the investors in just one year. Other schemes have also given returns ranging from 50 per cent to 90 per cent. The best part is that while only 2 mutual fund schemes have doubled money by investing in lump sum, 3 mutual fund schemes have doubled the money for those investing through SIP. That is why stock market experts insist on investing in mutual funds through SIP.
What is sip medium
SIP medium is one in which money is invested every month. It is almost the same as RD in bank or post office. You can close or increase your investment in SIP anytime. Apart from this, you can stay invested in the same scheme even after closing the SIP. Overall, it can be said that SIP medium is the best way to invest in mutual funds.
Let us know the names of mutual fund schemes that double money.
Kotak Small Cap Mutual Fund Scheme
Kotak Small Cap Mutual Fund Scheme has given a return of 122.59% in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 2,22,590 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 113.85 percent. If someone had started an SIP of Rs 10000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,84,470 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Nippon India Small Cap Mutual Fund Scheme
Nippon India Small Cap Mutual Fund Scheme has given a return of 115.14 per cent in 1 year. If one would have invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 2,15,145 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 115.65 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,85,394 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
PGIM India Midcap Mutual Fund Scheme
PGIM India Midcap Mutual Fund Scheme has given a return of 99.12 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,99,122 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 100.12 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,77,343 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Axis Small Cap Mutual Fund Scheme
Axis Small Cap Mutual Fund Scheme has given a return of 92.17% in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,99,122 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 92.40 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,73,277 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
SBI Small Cap Mutual Fund Scheme
SBI Small Cap Mutual Fund Scheme has given a return of 90.54 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,90,542 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 79.38 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,66,318 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Edelweiss Midcap Mutual Fund Scheme
Edelweiss Midcap Mutual Fund Scheme has given a return of 88.27 per cent in 1 year. If one would have invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,88,270 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 85.65 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,69,685 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Kotak Emerging Equity Mutual Fund Scheme
Kotak Emerging Equity Mutual Fund Scheme has given a return of 82.50 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,82,498 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 79.43 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,66,345 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Mahindra Manulife Mid Cap Unnati Yojana Mutual Fund Scheme
Mahindra Manulife Mid Cap Unnati Yojana Mutual Fund Scheme has given a return of 80.08 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,80,078 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 85.21 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,69,448 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Nippon India Growth Mutual Fund Scheme
Nippon India Growth Mutual Fund Scheme has given returns of 79.82 per cent in 1 year. If one would have invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,79,818 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 79.95 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,66,622 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Invesco India Midcap Mutual Fund Scheme
Invesco India Midcap Mutual Fund Scheme has given a return of 68.51 per cent in 1 year. If one would have invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,68,506 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 69.89 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,61,152 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
Axis Midcap Mutual Fund Scheme
Axis Midcap Mutual Fund Scheme has given a return of 64.92 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,64,918 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 63.31 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,57,524 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
DSP Midcap Mutual Fund Scheme
The DSP Midcap Mutual Fund scheme has given a return of 57.58 per cent in 1 year. If someone had invested Rs 1 lakh in this scheme a year ago, then its value would be Rs 1,57,580 at present. On the other hand, if someone had invested money in this mutual fund scheme through SIP, then he would have got a return of 63.31 percent. If someone had started an SIP of Rs 10,000 a month in this mutual fund scheme a year ago, then its value would be Rs 1,52,832 at this time. The returns here have been calculated on the basis of the NAV of the mutual fund scheme on July 30, 2021.
