SBI Mutual Fund: If you aspire to lead a financially independent life and dream of making a huge capital gain in the long term.
In such a situation, today we will tell you about a wonderful scheme of SBI. You can start investing in this scheme of SBI in the new year.
This is a mutual fund scheme of SBI. Its name is SBI Small Cap Fund Direct-Growth.
In the last three years, it has worked to give an annual return of 29.85 percent to investors.
Many people in the country are investing in this mutual fund scheme of SBI. This Mutual Fund scheme has a holding of 52 companies.
Apart from this, its expense ratio is 0.71 percent. Suppose you redeem the system within one year. In such a situation, its exit population is 1 percent.
This episode lets us know how to collect Rs 3.5 crore at maturity by investing Rs 5,000 in this scheme.
Investing will have to be done by making a SIP
- It would help if you made a SIP in SBI Small Cap Fund Direct-Growth Mutual Fund Scheme.
- After making a SIP, you must invest five thousand rupees in this scheme every month for 30 years.
This percentage return will have to be estimated every year
- Apart from this, you will also have to expect your investment to get an approximate return of 15 percent yearly.
- In this case, you can easily raise a fund of Rs 3.5 crore at maturity after 30 years.
Will get financial freedom
- With this money received at the time of maturity, you will be able to live a financially self-sufficient life.
- Apart from this, you will also be able to get your daughter’s marriage or children’s education written with this money.
