LIC MF Infrastructure Fund | Mutual Fund | Small and consistent efforts every day will yield big wins. . This applies to every aspect of our lives including investing.
Thus, there is a growing demand for investment instruments that promise maximum returns. These play an important role in building one's wealth in the long run.
An investment fund that investors looking for long-term capital growth can consider is LIC MF Infrastructure Fund.
It is an open-end equity scheme that invests in the infrastructure sector. The project was launched on March 24, 2008.
In this scheme, the data shows that a monthly SIP of Rs 5,000 would have been Rs 70,753 in one year, Rs 2,62,288 in three years and Rs 5,41,494 in five years.
Meanwhile, a lump sum of Rs 20,000 would have been Rs 34,090 in one year, Rs 49,734 in three years and Rs 59,154 in five years.
The scheme has an AUM or assets under management of Rs 225.40 crore as on March 31, 2024.
The minimum investment in this scheme is Rs.5 thousand. Generally, all mutual fund schemes offer two schemes.
It is noted that in a direct scheme, an investor has to invest directly with the AMC, while in a conventional scheme, the investor has to invest through an intermediary such as a distributor, broker or banker.
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