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SIP Investment: Big news for investors! Investment of Rs 1000 a month in SIP will make you rich, know how

SIP Investment: It is not necessary to be rich already to be rich. This thing should be tied up. It is necessary to start investing little by little and try to become rich soon.

Mutual funds give very good returns, and investing here can also be started with little money. If anyone wants, he can start a SIP of Rs 1000 per month. If this investment lasts for a long time, then you can easily become rich.

Here we are telling how much fund can be generated in 10 years, 15 years and 20 years with a monthly SIP of Rs 10000. Along with this, it is also being told that if the SIP of Rs.1000 per month is done, then how much fund will be generated and if the SIP of Rs.1000 is increased by 20 percent every year, then how much fund will be generated. Along with this, information about the returns of top 5 mutual funds is also being given at the end.

First know how much fund will be created in 10 years. If a monthly SIP of Rs 1000 is done in a mutual fund scheme, then a fund of about Rs 2.25 lakh will be ready. But if the investment is increased by 20% every year, then in 10 years a fund of about Rs 5 lakh will be ready. It is assumed here that the mutual fund scheme gives an average return of 12% every year.

Now know how much fund will be created in 15 years. If a monthly SIP of Rs 1000 is done in a mutual fund scheme, then a fund of about Rs 5 lakh will be ready. But if the investment is increased by 20 percent every year, then in 15 years a fund of about Rs 15 lakh will be ready. It is assumed here that the mutual fund scheme gives an average return of 12% every year.

Wherein now know how much fund will be ready in 20 years. If a monthly SIP of Rs 1000 is done in a mutual fund scheme, then a fund of about Rs 10 lakh will be ready. But if the investment is increased by 20 percent every year, then in 20 years a fund of about Rs 45 lakh will be ready. It is assumed here that the mutual fund scheme gives an average return of 12% every year.

Now know the top 5 mutual fund schemes giving the best returns

Here the returns of top 5 mutual fund schemes are being told. Along with this, it is also being told that if 1 lakh rupees would have been invested in these schemes 3 years ago, then how much has it become today.

  1. Quant Small Cap Mutual Fund Scheme: Has given very good returns since last 3 years. The average return of this scheme has been 59.00 percent every year during this period. This mutual fund has turned Rs 1 lakh into around Rs 5.63 lakh in 3 years.
  2. Quant Infrastructure Mutual Fund Scheme: Has given very good returns since last 3 years. The average return of this scheme has been 50.64 per cent every year during this period. This mutual fund has turned Rs 1 lakh into around Rs 4.43 lakh in 3 years.
  3. ICICI Prudential Commodities Mutual Fund Scheme: Has given very good returns since last 3 years. The average return of this scheme has been 48.76 per cent every year during this period. This mutual fund has turned Rs 1 lakh into around Rs 4.19 lakh in 3 years.
  4. Nippon India Small Cap Mutual Fund Scheme: It is giving very good returns since last 3 years. The average return of this scheme has been 47.73 per cent every year during this period. This mutual fund has turned Rs 1 lakh into around Rs 4.07 lakh in 3 years.
  5. Canara Robeco Small Cap Mutual Fund Scheme: It is giving very good returns since last 3 years. The average return of this scheme has been 45.16 per cent every year during this period. This mutual fund has turned Rs 1 lakh into around Rs 3.78 lakh in 3 years.

Note: Here the returns of mutual fund schemes have been calculated on the basis of NAV as on 5th July.

Note: Here only financial planning is being talked about, not investment advice is being given. Please consult your financial advisor before investing.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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