SIP Investment: If you also want to get strong funds on your investment, then this news is of great use to you. Let us tell you that you can create a fund of Rs 1 crore in twenty years with an investment of Rs 5… How? Stay with the news till the end to know the method.
Mutual Fun Investment: Veteran investors believe that staying in the market for a long period increases the chances of making a big fund. Therefore, investors should remain disciplined and aim for long term investment.
But many investors are afraid of investing money directly in stocks, whether it is long term or short term. But there is an option which, by being disciplined, promotes your long term investment and also gives high returns. We are talking about Systematic Investment Plan i.e. SIP in Mutual Funds.
SIP allows investors to invest their entire money in a mutual fund on a monthly basis instead of investing it all at once. This is a great option for retail investors who do not want to invest their entire money in a scheme at once. SIP also has the facility to assess your investments from time to time.
Investing over a long period also has the benefit of compounding. Also, market risks are covered. There are many such funds in the market, which have given returns of 18 to 22 percent per annum in 20 years on SIP.
Sundaram Mid Cap Fund-
20 year SIP return: 19.6% p.a.
The 20 year SIP return in Sundaram Mid Cap Fund has been 19.6% per annum. Those who did monthly SIP of Rs 5000 in this fund for 20 years, their money increased to Rs 1,53,59,151 i.e. Rs 1.54 crore. You can start SIP in this fund with minimum Rs 100. The total assets of the fund were Rs 8618 crore as of 31 August 2023. Whereas the expense ratio till this date is 1.80%.
The top 5 holdings of the fund include Federal Bank, Shriram Finance, Kalyan Jewelers India, Tube Investments and Navin Fluorine International.
Nippon India Growth Fund-
20 year SIP return: 19.53% p.a.
The 20 year SIP return in Nippon India Growth Fund has been 19.53% per annum. Those who did monthly SIP of Rs 5000 in this fund for 20 years, their money increased to Rs 1,52,10,545 i.e. Rs 1.52 crore. You can start SIP in this fund with minimum Rs 100. The total assets of the fund were Rs 18343 crore as of August 31, 2023. Whereas the expense ratio till this date is 1.71%.
The top 5 holdings of the fund include Cholamandalam Financial, Power Finance Corporation, Supreme, AU Small Finance Bank and Max Financial Services.
ICICI Pru FMCG Fund-
20 Year SIP Returns: 18.95% p.a.
The 20 year SIP return in ICICI Pru FMCG Fund has been 18.95% per annum. Those who did monthly SIP of Rs 5000 in this fund for 20 years, their money increased to Rs 1,40,67,936 i.e. Rs 1.40 crore.
You can start SIP in this fund with minimum Rs 100. The total assets of the fund were Rs 1444 crore as of 31 August 2023. Whereas the expense ratio till date is 2.22%. The top 5 holdings of the fund include ITC, Hindustan Unilever, Nestle India, Britannia and Gillette India.
SBI Consumption Opportunity Fund-
20 year SIP return: 18.58% p.a.
The 20 year SIP return in SBI Consumption Opportunities Fund has been 18.58% per annum. Those who did monthly SIP of Rs 5000 in this fund for 20 years, their money increased to Rs 1,53,08,618 i.e. Rs 1.53 crore.
You can start SIP in this fund with a minimum of Rs 500. The total assets of the fund were Rs 1575 crore as of 31 August 2023. Whereas the expense ratio till this date is 2.23%. The top 5 holdings of the fund include Hindustan Unilever, ITC, Chalet Hotels, Mrs. Bectors Food Specialties and Procter & Gamble.
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