SIP Calculation: If you want to create a big fund by investing, then a SIP mutual fund can be the best option. A big fund can be created by investing a small amount in a SIP mutual fund. Here we are saying that if you invest Rs 2000 every month in SIP, then in how much time can you create a fund of 1 lakh?
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In how much time will a fund of 1 lakh be created by investing Rs 2000 every month
If you invest Rs 2000 every month in a SIP mutual fund and get a return of 12 percent on it. According to this, in 4 years, you will create a fund of Rs 1,24,000. At the same time, you will get about Rs 87,015 in 3 years. However, you have to keep in mind that the return will depend on the fluctuations of the market.
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We are telling you about some funds that have given the highest returns in the last 1 year. The risk in this is also normal. Its list is given below.
List of Funds
Name Sub Category Plan AUM Return SEBI Risk Category
HSBC Credit Risk Fund Credit Risk Fund Growth 647.9072 21.805 General
Edelweiss Government Gilt – Short & IDCW 174.6233 17.84621 General
Securities Fund(F-IDCW) Mid Term Fund
HSBC Credit Risk Credit Risk Fund IDCW 647.9072 12.18328 General
Fund(M-IDCW)
HSBC Credit Risk Credit Risk Fund IDCW 647.9072 12.18328 General
Fund(M-IDCW)
HSBC Credit Risk Credit Risk Fund IDCW 647.9072 11.24691 General