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Want to make a fund of Rs 12 lakh in 5 years, know how to invest

Mutual Fund Tips: People’s interest in investing in mutual funds has increased in recent times. There is also a feature of investing in this that a large fund can be created even by depositing less money. Today we will tell you one such way to create a fund of Rs 12 lakh in 5 years.

make strategy like this

  • If you invest Rs 10000 every month in a good mutual fund, then you have to deposit Rs 333 daily.
  • To get Rs 12 lakh in 5 years, it is important that your fund gives you up to 25 per cent return annually.
  • According to your investment amount of Rs 6 lakh and 25% return in 5 years, you will get almost the same profit. That is, you will get 12 lakh rupees.

These schemes gave returns up to 25 percent

  • There are many schemes which have given such returns.
  • Mirae Asset Emerging Bluechip Fund – Regular Plan has got a 5 star rating from Value Research.
  • According to the estimated data of Value Research, if one was investing Rs 10000 every month in this fund for the last 5 years, then his investment amount would have been Rs 11.11 lakh at this time.
  • Value Research also says that (according to the estimated figures) if one had invested only Rs 5 lakh together in the regular plan of Mirae Asset Emerging Bluechip Fund 5 years ago, then his investment amount would have been around Rs 13 lakh at this time. Would have been

Let us tell you that in the last one year, many schemes have doubled the money of investors. The reason for this is that the stock market has performed strongly in the last one and a half year and due to this the equity schemes of mutual funds have given better returns to the investors.

(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 review the prospectus carefully 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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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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