SBI Mutual Fund L today's news will be useful for those who want to invest in mutual funds. Today we will learn about SBI's technology opportunities, which is a mutual fund. In fact, this fund has given strong returns to its investors in the last few years. In this mutual fund, investors have received a return of Rs 1 crore by making a monthly SIP of Rs 3,000. This mutual fund was launched on 5 July 1999.
SBI Technology Opportunities Fund
This fund, which invests in technology companies, has given significant benefits to investors in the last 25 years. Now let's see what is the rate of lump sum investment and annual benefit to investors on SIP.
Profit of Rs 1.14 crore
Of course, if someone had done an SIP of Rs 3,000 per month in this fund, its total investment price would have been only Rs 9 lakh, and after 25 years, its price has reached Rs 1.14 crore.
What are the major features of funds?
* SIP Annual Return: 16.97% * Monthly SIP amount: ₹ 3,000 * Total investment in 25 years: ₹ 9 lakh * Total price after 25 years: ₹ 1.14 crore
What is the minimum limit for investment?
A minimum of Rs 5,000 can be invested in this SBI fund. Talking about SIP, this mutual fund has the facility to invest at least Rs 500 per month.
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