SBI Mutual Fund | The mutual fund of the country's largest bank, State Bank of India, has seen tremendous returns. Under this fund, investors get an opportunity to invest in small cap, midcap and large cap mutual funds. Compared to other funds, SBI funds are currently claiming to perform strongly. If we look at the 10-year return graph, SBI Mutual Fund has given 9 times return to investors. SIP is an easy way to earn good returns at low risk. Mutual fund SIP has given huge returns to investors in the long run. However, while choosing a mutual fund SIP scheme, one should make a very smart decision. If you invest in a good mutual fund SIP scheme, you can get huge profits even in a short time. Today we are going to tell you about such a mutual fund scheme which has made investors millionaires in a short time.
SBI Small Cap Fund
* SIP return over 10 years: 24.82% per annum * Monthly SIP: Rs 10,000 * Lumpsum investment: Rs 1 lakh * Total investment over 10 years: Rs 13 lakh * SIP value after 10 years: ₹ 53,86,040 * Return on lumpsum investment over 10 years: 24.03% per annum * Value of Rs 1 lakh investment over 10 years: Rs 8,61,524 * Absolute return on investment: 761% * In this fund, you can invest a minimum of Rs 5,000 one time and a minimum of Rs 500 through SIP. The expense ratio of the fund is 0.65%.
News in Hindi | SBI Mutual Fund 21 September 2024 Hindi News.
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