SIP calculator For 5 Years: The new year has come and it is necessary to invest afresh. If you withdraw even 5000 rupees a month, then you can create wealth in lakhs in 5 years. Know here how?
SIP calculator For 5 Years: The new year has come. New preparation is also necessary. If your salary has come, make your first investment and don’t make any big or expensive investment. Withdraw only Rs 5000 from your pocket and invest in SIP (SIP Calculator). Now this is not something new that we have told. But, imagine if a small investment gives you a good return and then you reinvest the money of that return, then this money will keep on increasing. One such formula is to do SIP for 5 years. It is only important to know which mutual funds to invest in. Experts have told us 6 such mutual funds. Let us know how much your money will increase and where it will increase…
Know how much wealth will be made from SIP Calculator
According to the website of State Bank of India Mutual Fund (SBIMF), if you invest 5000 rupees for 5 years, then you can do Wealth Creation around 1.5 lakh. If you invest for 5 years, then the entire amount of investment is Rs 3 lakh.
Now on the investment period of 5 years, your total invested amount will be Rs 4,12,431. According to SBI MF’s SIP Calculator, the expected return here has been kept at 12 per cent.
Experts suggested these top Mutual Funds
The new year has come, in such a situation the financial preparation should also be started afresh. If you want to do SIP of Rs 5000, then keep such mutual funds in your portfolio as well, which can give you a wealth of Rs 4,12,431. In this connection, we took information about top mutual funds from 2 Personal Finance. Personal finance expert Pankaj Mathpal and certified finance advisor Kirtan Shah list the top mutual funds. Although the mutual funds given by Kirtan Shah are for those investors who can take aggressive risk.
Mutual Funds of Pankaj Mathpal
- ICICI Prudential Large & Midcap fund
- Quant Active Fund
- Canara Robeco Flexicap Fund
- Mutual Funds of Kirtan Shah
- PPFAS Flexicap
- Kotak Emerging
- Nippon Small Cap
ICICI Prudential Large & Midcap Fund (Annualised Returns)
1 year – 17.35%
3 years – 26.71%
5 years – 19.64%
Quant Active Fund
1 year – 21.38%
3 years – 37.03%
5 years – 30.11%
Canara Robeco Flexicap Fund
3 years – 17.91 %
5 years – 16.86%
PPFAS Flexicap
- 3 years – 17.16%
- 5 years – 17.87%
Kotak Emerging
3 years – 24.93%
5 years – 20.53%
Nippon Small Cap
3 years – 36.39%
5 years – 26.6%
Disclaimer – All the above mentioned mutual fund names are suggested by experts. Business league does not directly advise investing in them. Take expert advice before investing
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