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SBI Mutual Fund Nowadays, many people have understood the importance of investing. Although there are many investment options, many people have started turning to mutual funds for investment. Investing in mutual funds depends on the risk in the stock market, statistics show that many people are turning towards it. SIP in mutual funds is becoming everyone's favorite option these days. Through this you can start investing with Rs 100-200. The compound interest earned in this can make you a millionaire in the long run. One such mutual fund has made its investors millionaires.

SBI Healthcare Opportunities Fund

SBI Healthcare Opportunities Fund has turned an investor SIP of Rs 2,500 into a sum of over Rs 1 crore. The nearly 25-year-old fund has so far given returns of more than 18 percent on an annual basis. Its returns in the last one year have been around 37 percent.

This fund is 25 years old

The fund's resource meter is very high. This means that it falls in the high-risk category. The fund was launched on July 5, 1999. Since then investors have delivered strong returns. Most of the allocation of funds is in the health care sector. This allocation is approximately 9323 percent. Apart from health care, the fund has invested money in chemicals and other sectors. About 3.50 per cent of this allocation is for the chemical and materials sectors.

Rs 2,500 becomes Rs 1 crore

The fund has returned 18.27% year-to-date since launch. If you had started a SIP of Rs 2,500, that is, if you had invested Rs 2,500 every month, then today you would have had a fund of around Rs 1.18 crore. A SIP of Rs 2,500 would have resulted in a total investment of Rs 7.50 lakh in these 25 years. The remaining amount (approximately Rs 1.10 crore) would have come in the form of interest. In such a situation, you could have raised a huge amount in these 25 years.

Good returns even in lump sum

This mutual fund has also given huge returns to investors on lump sum investments. If you had invested a lump sum in this fund since its launch, you would have been given an annual return of 17.12%. If you had invested Rs 1 lakh, the value of that Rs 1 lakh in these 25 years would have been around Rs 55 lakh.

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Latest Hindi News | SBI Mutual Fund Sunday 29 December 2024 Hindi News.