In these 5 schemes, SIP of Rs 5000 will make Rs 1 crore! Know Annual Return

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Top Equity Funds in Terms of SIP Return: In today’s time every person thinks about making his money double. The first choice of all investors is to invest their money in the right place and also get good annual returns. People usually invest money in the capital market for better returns. Risk-taking investors focus on small savings. If you can take risk then you can get good returns by investing money in equity.

If you are ready to take some risk then invest money in equity. If you have the right identity of investing in equity, then you can become rich soon. Investing in Mutual Funds is safer than direct equity. There are many such equity schemes in the market which have given bang returns.

So understand what is SIP
Experts recommend investing in Mutual Funds through Systematic Investment Plan (SIP). Here you get the option to invest a fixed amount every month. You can also do SIP top up from time to time. There is an option to increase the investment amount. The advantage of SIP is in long-term investment, where the full benefit of compounding is available. In this news, we are going to tell you about 5 such schemes, where the value of 5000 rupees monthly investment has exceeded 1 crore in 20 years.

DSP Flexi Cap Fund

  • 20 Year Return: 22.12% CAGR – Compound Annual Growth Rate
  • Value of Monthly SIP of Rs 5000: Rs 1.22 crore
  • Total Assets: 7990 Cr (31 Aug, 2022)
  • Minimum investment: Rs 500
  • Minimum SIP: Rs 500
  • Expense Ratio: 1.92% (31-Jul-2022)

HDFC Flexi Cap Fund

  • 20 Year Return: 22% CAGR – Compound Annual Growth Rate
  • Value of Monthly SIP of Rs 5000: Rs 1.20 crore
  • Total Assets: 30473 Crore (31 Aug, 2022)
  • Minimum investment: Rs 100
  • Minimum SIP: Rs 100
  • Expense Ratio: 1.77% (31-Jul-2022)

Nippon India Growth Fund

  • 20 Year Return: 24.45% CAGR – Compound Annual Growth Rate
  • Value of Monthly SIP of Rs 5000: Rs 1.60 crore
  • Total Assets: 13,225 Cr (31 Aug, 2022)
  • Minimum investment: Rs 100
  • Minimum SIP: 100 Rupee Expense Ratio: 1.87% (31-Jul-2022)

Sundaram Mid Cap Fund

  • 20 Year Return: 24.25% CAGR – Compound Annual Growth Rate
  • Value of Monthly SIP of Rs 5000: Rs 1.60 crore
  • Total Assets: 7515 Crore (31 Aug, 2022)
  • Minimum investment: Rs 100
  • Minimum SIP: Rs 100
  • Expense Ratio: 1.85% (31-Jul-2022)

Franklin India Prima Fund

  • 20 Year Return: 22.40% CAGR – Compound Annual Growth Rate
  • Value of Monthly SIP of Rs 5000: Rs 1.27 crore
  • Total Assets: 7582 Crore (31 Aug, 2022)
  • Minimum investment: Rs 5000
  • Minimum SIP: Rs 500
  • Expense Ratio: 1.88% (31-Jul-2022)

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