The Quickest & Easiest Way To SMALL INVESTMENTS BIGGER RETURNS
Mutual funds : ₹10, 000 monthly SIP grows to ₹5.13 lakh in 3 years
Everyone thinks safe risk earns with less investment. But what to invest in? Will the expected profit be obtained? Nowadays, investment advisers recommend mutual funds for investment. They especially recommend SIP investment.
What fund?
IDBI Dividend Yield Fund – (IDBI Dividend Yield Fund – Direct Plan-Growth) – This fund has returned 12.90% over the last one year. The fund has returned 26.35% over the past two years. It has made a profit of over 25% in the same 3 years.
Mutual fund SIP calculator
1. If an investor had started ₹10,000 SIP in this mutual fund plan one year ago, its ₹10,000 monthly SIP would have grown up to ₹1.27 lakh today.
2. If an investor had started ₹10,000 monthly SIP in this plan 2 years ago, its ₹10,000 monthly SIP would have grown up to ₹3.09 lakh today. Similarly,
3. If an investor has started ₹10,000 monthly SIP in IDBI Dividend Yield Fund – Direct Plan-Growth plan, its ₹10,000 monthly mutual fund SIP would have grown up to ₹5.13 lakh today.
IDBI Dividend Yield Fund – Direct Plan-Growth plan has 98.53 per cent investment in Indian equities out of which, 63.04 per cent is in large-cap stocks, 18.41 per cent is in mid-cap stocks whereas 17.08 per cent investment is in small-cap stocks.
Even small investments in mutual funds can create a large corpus in the future. Long-term investments in particular can be used to build a large corpus of Kodik account. For example, suppose you invest 500 rupees a month. Let’s say you invest for 30 years. Assuming a 20% return, it would have earned Rs 1,16,80,401 crore. Assuming that only 12% of the same income is available, the income will be Rs.17,64,957.
