Mutual Fund: If the returns of particular schemes of mutual funds are seen, then it has been perfect.
If we look at the banking sector schemes of mutual fund schemes, these schemes have given manifold returns than the FDs of the banks.
Two things should also be kept in mind here the stock market has been falling for the last few days,
and the interest rates of banks’ FDs have increased rapidly, yet the returns of banking sector schemes of mutual funds have been many times that of bank FDs.
If we look at the top mutual fund scheme, this return is around 23 percent.That is almost three times the increased interest rates of bank FDs.
These are the best banking mutual funds
LIC Banking & Financial Services Mutual Fund Scheme has given a return of 22.67% during this entire year.
This mutual fund has made Rs 1 lakh around Rs 1.23 lakh in a year.
Know the returns of 3 other banking mutual fund schemes
1. Nippon Banking & Financial Services Mutual Fund Scheme has given a return of 22.54% during this whole year.
This mutual fund has made Rs 1 lakh around Rs 1.23 lakh in a year.
2. Taurus Banking & Financial Services Fund Mutual Fund Scheme has given a return of 20.24% during this whole year.
This mutual fund has turned Rs 1 lakh into around Rs 1.20 lakh in a year.
3. Tata Banking & Financial Services Mutual Fund Scheme has given a return of 19.72% during this whole year.
This mutual fund has turned Rs 1 lakh into around Rs 1.20 lakh in a year.
Now know the returns of 3 other banking mutual fund schemes
1. Sundaram Financial Services Opportunity Mutual Fund Scheme has given a return of 19.30% during this whole year.
This mutual fund has made Rs 1 lakh around Rs 1.19 lakh in a year.
2. Motilal Oswal Nifty Bank Index Fund Mutual Fund Scheme has given a return of 18.88% this year.
This mutual fund has made Rs 1 Lakh, around Rs 1.18 Lakh in a year.
3. Baroda Banking & Financial Services Mutual Fund Scheme has given a return of 17.71% during this whole year.
This mutual fund has made Rs 1 lakh around Rs 1.17 lakh in a year.
Now know the returns of 3 other banking mutual fund schemes
1. UTI Banking & Financial Services Mutual Fund Scheme has given a return of 17.02% during this whole year.
This mutual fund has made Rs 1 lakh around Rs 1.17 lakh in a year.
2. Invesco India Financial Services Mutual Fund Scheme has given a return of 15.54% during this whole year.
This mutual fund has made Rs 1 lakh, around Rs 1.16 lakh in a year.
3. SBI Banking & Financial Services Mutual Fund Scheme has given a return of 15.37% during this whole year.
This mutual fund has turned Rs 1 lakh into around Rs 1.15 lakh in a year.
