Top 3 5 Star Rating Equity Mutual Funds SIP of 10000 rupees made 10 05 lakh rupees – Business News India


Mutual funds investment: When it comes to equity mutual funds, investors should think about investing for the long term instead of high returns because of the risk involved. According to the information, an equity mutual fund investment should be invested for at least 5 years. Equity Mutual Fund is a great way to diversify your portfolio. This is the best thing about equity funds. We are telling you about three 5-star-rated equity mutual funds, which have made a monthly SIP of ₹10,000 to ₹10 lakh in just three years.

1. Quant Tax Plan – Direct Plan (Quant Tax Plan – Direct Plan)
This fund was launched on 1 January 2013 and has a 5-star rating from Value Research and Morningstar. As a result, this fund is applicable for almost 9 years. According to Value Research data, the fund has returned 47 percent annually over the past three years. Consequently, if an investor invested ₹1 lakh three years ago and invested ₹10,000 monthly in a SIP, today the investment would be ₹10,05,531.

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2. Bank of India Small Cap Fund – Direct Plan (Bank of India Small Cap Fund – Direct Plan)
This fund was introduced on 19 December 2018 and currently, Value Research has given it a 5-star rating. This fund is working for three years. As of June 30, 2022, Bank of India Small Cap Fund Direct – Growth’s assets under management (AUM) were ₹353.51 crore, and as of September 16, 2022, the fund’s NAV was ₹29.01. The fund’s expense ratio is 1.12%, which is stronger than other funds in the same category. According to value research data, the fund has given an annual return of 43.25 percent in the last 3 years. The total value of the investor’s investment in the last three years would be ₹9,45,874 if he had made a monthly SIP of ₹10,000 every three years.

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3. Canara Robeco Small Cap Fund – Direct Plan (Canara Robeco Small Cap Fund – Direct Plan)
This fund was introduced on 15 February 2019 and Value Research has given it a 5-star rating. This fund has been operating for 3 years. Canara Robeco Small Cap Fund Direct’s Asset Under Management (AUM) – Growth till 30 June, 2022 was ₹3455.06 crore crore, while NAV of the fund as of 16 September, 2022 was ₹26.9 crore. If an advance or initial investment of ₹1 lakh and a monthly SIP of ₹10,000 were made three years ago, it would have increased to ₹9,82,585. The annual return of the fund is 45.46%.


 



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