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SBI Mutual Fund | Amazing SBI scheme! Investors are getting rich, will get 1 crore 28 lakh return – Hindi News
News Update | September 7, 2024 5:24 PM CST

SBI Mutual Fund | The participation of people investing in mutual funds through SIP is constantly increasing as it is giving high returns. In Systematic Investment Plan (SIP), investors can invest in different installments on a monthly basis instead of investing money at one time. SBI Mutual Fund Calculator

There are many schemes in the mutual fund market that have given annual returns of 20% to 22% in the last 15 years. This means that those who made a monthly SIP of Rs 10,000 became crorepatis, while their total investment was only Rs 18.50 lakh.

SBI Consumption Opportunities Fund – SBI Consumption Opportunities Fund
SBI Consumption Opportunities Fund has given an annualized return of 20.07% to SIP investors in the last 15 years. Lumpsum investment has given an annualized return of 21.62% in 15 years.

Return on Monthly SIP
* 15 year annualised return SIP: 20.07% * Lumpsum investment: Rs 50,000 * Monthly SIP: Rs 10,000 * Total investment over 15 years: Rs. 18,50,000 * Total value of SIP over 15 years: ₹ 1,03,92,787

Scheme Lumpsum Investment Returns
* Lumpsum investment: Rs 1 lakh * Tenure: 15 years * Annual return on lumpsum investment over 15 years: 21.62% * Value of investment of Rs 1 lakh over 15 years: Rs 18,83,974

News Title : SBI Mutual Fund NAV Today 07 September 2024.

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