SBI Technology Opportunities Fund Direct Growth Mutual Fund: Warren Buffett says “ If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes ” Can’t buy and hold.
In such a situation, you should not even think of buying it for 10 minutes. It is very important for a person to have patience in the field of investment, only then you can grow the value of your money well. In this episode, today we are going to tell you about a special mutual fund scheme of SBI. The name of this mutual fund of SBI is SBI Technology Opportunities Fund Direct GrowthIs. In the last three years, this mutual fund has given investors an annual return of 27.84 percent. On the other hand, if we talk about the last five years, then it has given an annual return of 26.12 percent.
If you also want to collect a fund of Rs 35 crore by investing Rs 15,000 every month in this scheme, then first you have to open a SIP in SBI’s Technology Opportunities Fund Direct Growth.
After this, you have to invest 15 thousand rupees every month for the whole 30 years. Apart from this, you also have to expect that you keep getting an estimated return of 20 percent every year on your investment. If the market behavior suits you. In this situation, you can easily collect a total fund of Rs 35 crore after 30 years. At present, the expense ratio of this mutual fund of SBI is 0.9 percent.
With this money you will be able to lead a financially independent life. You can buy a nice house for yourself to live in. You can get your son/daughter married or their education written. Apart from this, you can also fulfill your other dreams through this money.
This return on your investment is approximate. What will be the behavior of the market during investment? That alone will decide how much return you get on your investment. You must take expert advice before investing in mutual funds. These investment areas are subject to market risks.
