Mutual Fund SIP Calculator: In today’s time every person is trying to change his traditional way of investing. Bank FD, LIC, Post Office are risk-free investment options in which you do not get very good returns. Nowadays people are very much like to invest in Mutual Funds. You can get better returns by doing small SIP in mutual funds. If you also want to improve your portfolio, then investing in Mutual Fund Scheme can be a very good option.
Add Rs 7.5 lakh in 3 years
Many financial experts keep advising people to invest in mutual funds. Today we are going to tell you about a mutual fund scheme that has given its investors a fund of Rs 7.5 lakh on SIP of 10,000 in the last three years. This mutual fund invest in Quant Small Cap Fund Direct Plan – Growth. It has given returns of more than 54% in the last 3 years. Let us tell you that Quant Small Cap Fund Direct Plan-Growth Mutual Fund was launched in the year 2013 in January. This fund has been given a 4-star rating by Value Research. On the other hand, Morning Star has given a 5 star rating to this fund.
How much is the return getting every year
Quant Small Cap Fund Direct Plan-Growth gave a return of 12.24% to its investors last year. The annual average of this fund has been around 15.48%, except for a few months of the year. If a person had invested in this mutual fund scheme 5 years ago, he would have got the entire fund of Rs 14 lakh on SIP of Rs 10,000. This return would have been 34.71%. At the same time, a total fund of Rs 7.5 lakh has been created on a 3-year SIP of Rs 10,000.
In such a situation, if we talk about the annual return percentage, then it is 54.13%. On the other hand, if we talk about the returns of the last two years, then it is giving a return of 36.68%. You can get returns of Rs 3.5 lakh on an annual SIP of Rs 10,000.