Mutual Fund Tips: These are the 7 mutual funds giving the BEST RETURN - investment increased up to 7 times in 5 years..
Indiaemploymentnews November 07, 2024 02:39 AM

When anyone invests in the market, the first desire is to get maximum returns. Usually, an investment made in a bank FD or India Post's small savings schemes NSC or Kisan Vikas Patra (KVP) doubles the amount in about 10 years, but the option of equity-related investment can make your amount more than 5 times in just 5 years.

Today, there are many such mutual funds in the market, whose investors' money has increased by four to seven times in the last 5 years. If you look carefully, those who invest through a Systematic Investment Plan, i.e. SIP, have also received an annualized return of 40 to 50 percent during the last 5 years. Today we are telling you about seven such equity mutual funds, whose performance has been excellent during the last five years.

Remember, invest in equity mutual funds carefully...

Investing in mutual funds has become a popular option in the last few years. The reason for this is that it gives good returns like the stock markets. Compared to the stock market, the risk of investing in mutual funds is also comparatively less, because the portfolio in mutual funds is diversified. Apart from this, if equity mutual funds are invested through SIP, then the benefit of cost averaging is also achieved.

But despite all this, it is very important to remember that even if the equity investment is done through mutual funds or SIP, the risk associated with the market will remain. Especially smallcap and midcap funds are considered more risky, so, before deciding to invest in mutual funds, understand your risk-taking capacity well, and if possible, also consult a good investment advisor.

© Copyright @2024 LIDEA. All Rights Reserved.