Mutual Fund: Double Your Investment Know These 5 Schemes
Can you invest in mutual funds? Don't you? If it confused, it is better to decide quickly. If you don't mind risk, you can invest in mutual funds. If you want to avoid risk, it is better to opt for fixed deposits in banks and post offices. So.. This post is only for those who want to invest in Mutual Funds.Now let's know about 5 mutual funds. These provide multi-packer returns for SIPs. For less investment, it gives higher returns in the form of compound interest. Another good news is.. these funds.. give double cash benefits in very few years.If you chip in these mutual funds at the rate of Rs 5,000 per month, the total investment in five years will be Rs 3 lakh. So these funds return Rs 7.4 lakh after five years. It is more than double. There is no need to invest all at once.
Bandhan Infrastructure Fund: If you invest Rs 5000 per month in this fund, you have a chance of getting Rs 8,72,105 after five years. Because this fund gives an annual return of 44.3 percent.
Bank of india Manufacturing and Infrastructure Fund: This is another mutual fund scheme. If you chip at the rate of Rs.5000 per month for five years, you will get an income of Rs.7,44,451. Because this fund gives an average annual return of 37.38 percent.Invesco india PSU Equity Fund: If you invest Rs.5000 per month in this fund for five years, you will get Rs.830,400 after 5 years. Because this fund gives an annual return of 42.14 percent.Invesco india Infrastructure Fund: Returns 40.13 percent per annum. So if you pay Rs.5 thousand per month, you can get Rs.7,93,198 after five years.
Quant Infrastructure Fund: This is very popular among investors. If you chip in Rs.5000 per month for five years, you will get Rs.9,51,268 after five years. Because this fund gives an annual return of 48.17 percent.
Disclaimer: Mutual funds are subject to market risk. So before investing check all the documents related to the scheme and make the decision based on the advice of your market expert.