SBI Mutual Fund – Invest Just ₹10,000 and Get ₹1.06 Crore, See the Calculation

SBI Mutual Fund is the asset management company of State Bank of India. This company has various mutual fund schemes. Many investors invest in these schemes. Due to this, the amount of assets under this company is Rs 12 lakh crore. Among the various mutual funds, SBI Large Cap Fund is the largest. The amount of assets of this fund is Rs 54,688 crore. Many of those who have continuously invested in this fund for a long time have received returns of crores of rupees.

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SBI Large Cap Fund

SBI Large Cap Mutual Fund was launched in February 2006. That is, this fund has been in the market for 19 years. During this time, those who made an SIP of Rs 10,000 in this fund have received returns of more than Rs 1 crore. On November 17 this year, the NAV of this fund was Rs 94.89. See what kind of investment and what kind of returns have been obtained from this fund.

SBI Large Cap Fund Return

SIP and Lumpsum – There are two ways to invest in a mutual fund. If you put a lump sum of money in a fund, it is called a lump sum investment. If you put money every month, it is called SIP.

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Those who invested a lump sum of Rs 1 lakh in SBI Large Cap Mutual Fund will now get a return of Rs 9,45,990. Out of this

  • In 3 years, the investment became Rs 1,48,540.
  • In 5 years, the investment became Rs 2,39,210.
  • In 10 years, the investment became Rs 3,34,750.
  • In 15 years, the investment became Rs 5,99,380.

Those who invested Rs 10,000 every month in this fund through SIP are today millionaires. By investing 10 thousand taka every month for 19 years, they have invested a total of 23 lakh 80 thousand taka in this fund. That money has increased to 1 crore 6 lakh 14 thousand 519 taka.

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(Timesbull.com does not give advice for investing anywhere online. Investing in the stock market or in any field is risky. Before that, proper study and expert advice are recommended. This news is published for educational and awareness purposes.)

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