Mutual Fund Return- Investment in large and midcap funds is also continuously increasing. Due to low risk and good returns, investors are investing a lot of money in these.
Investment Tips: Now people are liking mutual funds in our country. Retail investors are investing a lot of money in mutual funds through SIP. A total investment of Rs 14091 crore was made in equity funds in the month of September. Due to giving higher returns compared to traditional means of investment and increased understanding of people about the stock market, mutual funds are becoming the favorite investment tool of investors.
If you also want to invest in mutual funds, then you can invest money in Large and Midcap Funds. This is a category of mutual funds in which large caps provide security to the portfolio and midcaps provide higher returns. Brokerage firm Sharekhan has advised investors to invest money in some funds of large and midcap category.
HDFC Large and Midcap Fund
Sharekhan has advised investors to invest in HDFC Large and Midcap Fund through SIP. If an investor had started a SIP of Rs 10,000 per month five years ago in this fund, then today he has a fund of Rs 10.6 lakh ready. The average annual return (CAGR) of this fund is 23.16 percent.
Bandhan Core Equity Fund
The five-year average annual return of Bandhan Core Equity Fund has been 20.71 percent. A fund of Rs 10.04 lakh has been created from the SIP started five years ago with Rs 10,000 per month.
SBI Large and Midcap Fund
SBI Large and Midcap Fund fund size is Rs 15705 crore. The SIP of Rs 10,000 started five years ago has created a fund of Rs 9.88 lakh. The average annual return of this fund has been 20.07 percent.
Kotak Equity Opportunity Fund
Sharekhan has also described investing money in Kotak Equity Opportunities Fund as a profitable deal. This fund has made Rs 9.92 lakh from a SIP of Rs 10,000 started five years ago. The average annual return of this fund is 20.2 percent.
Tata Large and Midcap Fund
The average annual return of Tata Large and Midcap Fund is 19.22 percent. A fund of Rs 9.68 lakh has been created from the SIP of Rs 10,000 started five years ago.
(Disclaimer: The mutual funds mentioned here are based on the advice of a financial advisor. If you want to invest money in any of these, then first consult a certified investment advisor. informalnewz is not responsible for any profit or loss you may incur. Will not done.)
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