SIP Calculator: By investing a small amount every month in mutual funds, you can create a huge amount. Here we are discussing some such funds which can give you great returns.
SIP Calculator: Mutual Funds are a great way to invest. In this, you can start investing every month with a small amount i.e. SIP and can also invest in lump sum. The returns on investment in mutual funds are much higher than traditional investment options. Sometimes great returns can also be found, because this is indirectly market linked. In which fund to invest, it matters a lot. groww.in has suggested five such funds which can give you great returns in three years.
1. PGIM India Midcap Opportunities Fund:
This is a high return fund in which you can invest. According to Grow.in, if you invest Rs 5000 every month in this fund, then after three years you can get great returns. According to the calculation, if an investor invests Rs 5000 every month for three years in PGIM India Midcap Opportunities Fund, then he gets a total of Rs 3,16,925 on maturity. In this, an investment amount of Rs 1,80,000 has been made. That is, a return of Rs 1,36,925 will be available in three years.
2. Canara Robeco Small Cap Fund Direct Growth:
It is said that this fund will also get better returns. If you invest Rs 5000 every month for 5 years in this, then after five years the total amount on maturity from this fund will be Rs 3,33,421. In this for three years you invest a total of Rs 1,80,000 and you will get Rs 1,53,421 as actual return.
3. Kotak Small Cap Fund Direct Growth:
This is also a strong fund. You can invest in this too. In this also, if you put 5000 rupees every month, then after three years you get a total of Rs 3,09,565 on maturity. The total amount invested by you in this is Rs 1,80,000. That is, the actual return is Rs 1,29,565. If you invest only for 1 year then you will get less returns.
4.Nippon India Small Cap Fund Direct Growth:
Investing in this fund of asset management company Nippon India can also prove to be of better return. According to Grow, if you invest Rs 5000 every month in this for three years, then on maturity you get a total of Rs 3,17,801. In this, you invest a total of Rs 1,80,000 in three years.
5. Quant Active Fund Direct Growth:
This is also a great return giving fund. You can invest in this too. If you invest Rs 5000 every month in Quant Active Fund Direct Growth for three years, then on maturity you will get a total of Rs 3,05,194. In this your investment amount is Rs 1,80,000 and the actual return is Rs 1,25,194.
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