Everyone wants to become rich and enjoy financial independence . But we are not clear about the way to reach the crorepati club. Monthly investment of 30,000 rupees for 10 years in mutual fund SIP would place you in crorepati club. Let us discuss how to invest the 30,000 rupees in SIP investment. Diversify the investment by investing in multi-cap, mid-cap, small-cap and large-cap mutual funds.
1). Multi-Cap (7,500 rupees)
2). Mid-Cap (7,500 rupees)
3). Small-Cap (7,500 rupees)
4). Large-cap (7,500 rupees)
You can select any mutual fund based on our investment goals and tolerable risk. Below we have selected top performing mutual funds by past performance and other metrics.
Multi-cap : Aditya Birla Sun Life Equity Fund – Direct Plan (22%)
Mid-cap : Mirae Asset Emerging Bluechip Fund – Direct Plan (31%)
Small-cap : L&T Emerging Businesses Fund – Direct Plan (G) (26%)
Large-cap : Kotak Select Focus Fund – Direct Plan (G) (21%)
All the gain/profit by each mutual fund mentioned above by past history of the mutual fund in last 5 years. Let us see how much each investment gained profit,
Profit Gain by Mutual Funds:
- Aditya Birla Sun Life Equity Fund – Direct Plan => Amount Invested : 9 Lakhs, Total Returns : 32 Lakhs
- Mirae Asset Emerging Bluechip Fund – Direct Plan => Amount Invested : 9 Lakhs, Total Returns :60 Lakhs
- L&T Emerging Businesses Fund – Direct Plan (G) => Amount Invested : 9 Lakhs, Total Returns :42 Lakhs
- Kotak Select Focus Fund – Direct Plan (G) => Amount Invested : 9 Lakhs, Total Returns :30 Lakhs
Total invested in mutual fund SIP is 36 lakhs and finally we would gain 1.64 crores – 1 crore and 64 lakhs. (All the gain calculated by past year performance. It may change based market returns.).
Now you know how to become Crorepati by mutual fund. How easy to achieve that by Systematic investment plan. Let us start invest now in SIP. Happy Investing !!
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‘Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing’
Do not get scared by the disclaimer,
“DRIVING IS RISK. BUT AFTER LEARNING DRIVING, WE EXPERIENCE JOYFUL JOURNEY. SAME APPLIES FOR MUTUAL FUND AS WELL. LEARN MUTUAL FUND AND ENJOY FINANCIALLY RICH LIFE.”