Mutual funds are subject to market risk. Nevertheless, it is a deliberate risk. SIPs for mutual funds typically produce a lot of wealth. When it comes to long-term investments, most Systematic Investment Plans (SIPs) offer favorable terms.
This money can be used to purchase homes, support marriages, children’s education, or any other long-term financial objective. By investing just a few hundred rupees per day, one can amass a significant sum of money. SIPs for mutual funds are great for building wealth.
In the financial market, for instance, Tata Group’s mutual fund has proven to be a safer bet. The Tata Infrastructure Fund is the name of this fund. It’s an equity plan with no end in sight. It focuses on equity-related securities and Indian infrastructure companies.
The renowned rating agency Morning Star and Value Research gave this fund a rating of four stars. The Tata Infrastructure fund has been in business for 18 years. On December 31, 2004, it went live. Over the past three years, it has contributed a staggering 31 percent annually.
Over Rs 70 lakh has been amassed by those who invested Rs 333 per day. The fund’s performance over the past 18 years serves as the basis for these calculations. Warn your health: Before investing your hard-earned money, please consult experts. This article only serves as information.
Last year, the Tata Infrastructure Fund returned a healthy 20.72 percent. You would have received Rs 5.64 lakh if you had invested Rs 3.60 lakh over the previous three years.
Your corpus would have been Rs 10.15 lakh at an investment of Rs 6 lakh if you had invested Rs 1.000 per month for the previous five years. If we look at the returns over the past ten years, your investment of Rs 12 lakh would have grown to Rs 27.18 lakh if you had invested Rs 1.000 per month. The return is greater than 15%.
Your initial investment of Rs 21.40 lakh would have grown to Rs 69.57 lakh over the course of 18 years if you had invested Rs 10,000 per month.
