New Delhi: Mutual Fund is the name of creating a big fund through regular savings while avoiding high risk. A lot of money is required for buying a house, marriage, higher education of children etc. Bringing together so much money is not easy for anyone.
In such a situation, you can create a good fund by making small savings every month. Mutual Fund SIP is the best way for this. Today we will talk about such a Tata mutual fund, which can increase your savings significantly. Tata Infrastructure Fund is an open ended equity scheme. It primarily focuses on shares and equity related securities of Indian infrastructure companies.
Fund of 70 lakhs from SIP of 10 thousand
Morningstar and Value Research have given 4-Star ratings to Tata Infrastructure Fund. This fund came on 31 December 2004. This fund has completed 18 years. This fund has given very good returns to the investors. If an investor had made a SIP of Rs 10,000 a month from the inception of this fund, then in 18 years he would have a fund of about 70 lakhs.
31% annual return
Tata Infrastructure Fund has given an annual return of 20.72 per cent in the last year. If you had been investing in this fund for the last three years, your investment of Rs 3.60 lakh would have grown to Rs 5.64 lakh by now. In three years, this fund has given an annual return of 31.50%.
Your 12 lakhs become 27 lakhs
Suppose you would have been doing SIP of Rs 10,000 a month in this fund for the last 5 years. In this case, your investment of Rs 6 lakh would have become Rs 10.15 lakh. This fund has given an annual return of 17.10% in the last seven years. A SIP of Rs 10,000 a month would have made your Rs 8.40 lakh investment Rs 15.44 lakh during this period. Talking about the returns of the last 10 years, your investment of Rs 12 lakh with a SIP of Rs 10,000 per month would have now become Rs 27.18 lakh. During this period, this fund has given an annual return of 15.61%.
70 lakh fund can be made from SIP of 10 thousand
Suppose you have been investing in the fund ever since it came into existence. You have done a SIP of Rs 10,000 a month. So in 18 years your investment of Rs 21.40 lakh would have become Rs 69.57 lakh. This fund has given a return of 11.99% during this period. Explain that as on December 31, 2022, the fund had an AUM of Rs 983.23 crore. The monthly average AUM of the fund was Rs 972.15 crore.
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