Equity mutual fund returns may have deteriorated in the short term or up to 1 year due to market volatility, but long term investors have made good money through it.
Best Equity Mutual Fund Scheme: Equity mutual fund returns may have deteriorated in the short term or up to 1 year due to market volatility, but long term investors have made good money through it. Talking about the last 5 years, many mutual fund schemes have increased the money of investors 3 times or even more. Basically equity mutual funds are a safe way of investing in the stock market. If investors want to invest in equities, but their risk appetite is not high, then this is a better option. Advisors advise investing in mutual funds for a long period of time by setting a goal by understanding the risk profile. Due to the investment in the long term, they get the benefit of compounding. Investors can invest in it either in lump sum or through Systematic Investment Plan (SIP).
Mutual Fund shopping list; These 10 stocks including HDFC, M&M, Maruti, Infosys increased trust, BFSI first choice
Tata Digital India Fund
Returns in 5 Years: 28% CAGR
Value of 1 lakh in 5 years: Rs 3.45 lakh
Value of 10 thousand monthly SIP in 5 years: Rs 11.56 lakh
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 150
Total Assets: 5512 Crore (May 31, 2022)
Expense Ratio: 0.35% (April 30, 2022)
ICICI Pru Technology Fund
Returns in 5 Years: 27.5% CAGR
Value of 1 lakh in 5 years: Rs 3.36 lakh
Value of 10 thousand monthly SIP in 5 years: Rs 11.97 lakh
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 100
Total Assets: 8772 Crore (May 31, 2022)
Expense Ratio: 0.71% (April 30, 2022)
ABSL Digital India Fund
Returns in 5 years: 26% CAGR
Value of 1 lakh in 5 years: Rs 3.21 lakh
Value of 10 thousand monthly SIP in 5 years: Rs 11.27 lakh
Minimum lump sum investment: Rs 1000
Minimum SIP: Rs 100
Total Assets: 3028 crore (May 31, 2022)
Expense Ratio: 0.70% (April 30, 2022)
SBI Tech Opportunities Fund
Returns in 5 Years: 24.70% CAGR
Value of 1 lakh in 5 years: Rs 3 lakh
Value of 10 thousand monthly SIP in 5 years: Rs 11 lakh
Minimum lump sum investment: Rs 1000
Minimum SIP: Rs 500
Total Assets: 2416 Crore (May 31, 2022)
Expense Ratio: 0.90% (April 30, 2022)
Quant Infrastructure Fund
Returns in 5 Years: 21.30% CAGR
Value of 1 lakh in 5 years: Rs 2.65 lakh
Value of 10 thousand monthly SIP in 5 years: Rs 12.15 lakh
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 1000
Total Assets: 573 Crore (May 31, 2022)
Expense Ratio: 0.64% (May 31, 2022)
(source: value research)
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