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Mutual Fund SIP: Can invest Rs 100 to 500 monthly in these schemes, got up to 26% returns in 5 years

 

Mutual Fund SIP: It is not necessary that you can benefit more by investing large amount.

Mutual Fund SIP: It is not necessary that investing only with a large amount can benefit more. If disciplined investment is made with small amount, then in the long term a good fund can be prepared. In Mutual Fund, Systematic Investment Plan ie SIP promotes such disciplined investment. Through SIP, you can invest fixed amount every month instead of lump sum investment in a mutual fund scheme. This amount can also be 100 rupees monthly. The advantage of this is that even if your monthly income is low, you can take advantage of investing in a good scheme of mutual funds. Through this, you can also get good returns in the long term. We are giving you information about some such funds in which a minimum investment of 100 to 500 rupees can be made through SIP.

ICICI Pru Technology Fund

5 Year Return: 26.32%
Minimum amount for SIP: Rs 100
Launch Date: 1 January 2013
Return since launch: 22.45%
Asset: 938 Crore (November 30, 2020)
Expense Ratio: 1.91% (October 31, 2020)
10 thousand monthly SIP wealth in 5 years: 11.34 lakhs

Franklin India Technology Fund

5 Year Return: 24.50%
Minimum amount for SIP: Rs 500
Launch Date: 1 January 2013
Returns since launch: 19.97%
Asset: 418 Crore (November 30, 2020)
Expense Ratio: 1.65% (October 31, 2020)
10 thousand monthly SIP wealth in 5 years: 10.87 lakh

SBI Technology Opportunity Fund

5 Year Return: 22.33%
Minimum amount for SIP: Rs 500
Launch Date: 1 January 2013
Return since launch: 20.31%
Asset: 367 crores (November 30, 2020)
Expense Ratio: 1.69% (October 31, 2020)
10 thousand monthly SIP to wealth in 5 years: 10.33 lakh

Nippon India Pharma Fund

5 Year Return: 21.85%
Minimum amount for SIP: Rs 100
Launch Date: 1 January 2013
Return since launch: 18.11%
Asset: 4152 Crore (November 30, 2020)
Expense Ratio: 1.15% (October 31, 2020)
10 thousand monthly SIP to wealth in 5 years: 10.21 lakh

SBI Smallcap Fund

5 Year Return: 18.41%
Minimum amount for SIP: Rs 500
Launch Date: 1 January 2013
Return since launch: 25.06%
Asset: 6,202 Crore (November 30, 2020)
Expense ratio: 0.96% (October 31, 2020)
10 thousand monthly SIP wealth in 5 years: 9.40 lakh

Axis Midcap Fund

5 Year Return: 18.21%
Minimum amount for SIP: Rs 100
Launch Date: 1 January 2013
Return since launch: 18.50%
Asset: 7,878 crore (November 30, 2020)
Expense Ratio: 0.57% (October 31, 2020)
10 thousand monthly SIP wealth in 5 years: 9.36 lakhs

Source: www.financialexpress.com

Nisha Chawlahttps://www.businesskhabar.com/
She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.
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