Mutual Funds: 7 schemes that gave great returns, made investors rich
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Mutual Fund: Mutual funds are consistently giving good returns to the investors. Many mutual fund schemes have doubled investors’ money in a year. The special thing has been that investing in mutual funds through SIP has yielded more benefits. In this, investment in mutual funds through SIP is considered a good option by stock market experts. First of all know what is this SIP.
What SIP
- Money is invested in SIP every month.
- Investment in SIP can be closed, decreased or increased at any time.
- You can continue to invest in the same scheme even after discontinuing the SIP.
Now we are going to tell you about those mutual fund schemes which gave more than 100% return:-
- Quant Small Cap Mutual Fund: Returns of 05% in one year.
- ICICI Prudential Commodities Mutual Fund: Returns of 82% in one year.
- Quant Infrastructure Mutual Fund: Returns of 66% in one year.
- ICICI Prudential Technology Mutual Fund: Returns of 39% in one year.
- Tata Digital India Mutual Fund: Return of 99% in one year.
- Sundaram Long Term Micro Cap Tax Advantage Fund – Series VI Mutual Fund: Returns of 22% in one year.
- Kotak Small Cap Mutual Fund: 43% returns in one year.
(Investment advice in any fund is not being given by ABP News here. The information given here is for informational purposes only. Mutual fund investments are subject to market risk, read all scheme documents carefully. NAV can fluctuate depending on the factors and forces influencing the security market including interest rate fluctuations.The past performance of a mutual fund may not necessarily reflect the future performance of the schemes. The mutual fund does not guarantee or guarantee any dividend under any of the schemes and is subject to the availability and adequacy of distributable surplus. Investors are advised to carefully review the prospectus and seek specific legal, tax and scheme You are requested to seek expert professional advice regarding the financial implications of investing/participating in
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