Share Market: For investors who are investing through mutual funds instead of directly investing in shares, the value of their investment increases as the NAV of the mutual fund increases. Some mutual funds (Mutual Fund) bring huge returns like Multibagger Share (Multibagger Share) in a very short period of time. There are two such mutual funds in which your Rs 1 lakh would have turned into Rs 20 lakh today if you had kept the investment from the beginning. Which fund house? How did the return? See in detail.
Generally, the main secret of the stock market or mutual fund is the game of compounding. If a fund house gives investors a return of 15 percent per annum, then it appears that your investment will double in just 5 years. And in the same way, if you keep the investment for 10 years, it will be 4 times. Here are two midcap mutual funds that have grown investors’ money 20 times over the past 20 years.
SBI Magnum Midcap Fund
First in this list is SBI Magnum Midcap Fund. This fund came in the market in 2005. If someone had invested 1 lakh rupees in this fund at that time, then let’s see how much his return would have been today.
SBI Magnum Midcap Fund has returned 41.34 percent in 1 year. From 1 lakh taka, after one year, 1.41 lakh taka was available.
SBI Magnum Midcap Fund has returned 23.28 percent in 3 years. 1 lakh has become 1.87 lakh in three years.
SBI Magnum Midcap Fund has returned 21.91 percent in 5 years. This fund has made your 1 lakh taka 2.69 lakh within 5 years. That is, which is more than double.
This fund has returned 19.50 percent over a period of 10 years, which means that from 1 lakh you would have got 5.93 lakhs in 10 years.
If calculated from 2015 to date, in another 9 years this 5.93 lakh would have become 20.19 lakh.
Quant Midcap Fund
Second in the list is Quant Midcap Fund. This fund came into the market in 2001. If you keep investing in this fund since then, your 1 lakh would have become 21 lakh today. 1 lakh to 6.25 lakh has returned in this fund within 10 years.
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Tags: Mutual Fund Investment Lakh Lakh Details Fund Compounding Game
