The mindset of Indian people regarding investment has started changing. People now consider it better to invest their money instead of keeping it in bank accounts. Especially, investors are more enthusiastic about investing in mutual funds or SIP these days. This is because these means of investment make investors rich in a few years. Come, today let us tell you about such a SIP scheme of State Bank of India, which turned an investment of Rs 2500 into a fund of more than Rs 1 crore.

Which scheme is that

The SBI scheme we are talking about is called SBI Healthcare Opportunities Fund. If you had invested Rs 2500 every month in this scheme, your fund would have grown to more than Rs 1 crore in 25 years. Actually, this scheme has given its investors a return of more than 18 percent on an annual basis. Whereas, if we talk about the return of the last one year, it has been 37 percent.

Now let us understand how an investment of Rs 2500 became more than Rs 1 crore in 25 years. Actually, if you had invested Rs 2500 every month in this scheme for 25 years, your total investment would have been Rs 7.50 lakh. If we add the returns and interest on this amount, then this amount becomes Rs 1.10 crore in 25 years.

The child would have become a millionaire in 25 years

If your child was born in July 1999 and you had invested Rs 2500 every month in this SIP scheme of SBI in his name at that time, then today your child would have been a millionaire. Let us tell you, SBI Healthcare Opportunities Fund was launched on 5 July 1999. This high risk category scheme invests in the health sector. The allocation of this fund in the healthcare sector is about 93.23 percent. Apart from this, it also has allocation in chemical and other sectors. If you want, you can also invest in this scheme. You can make this investment both online and offline.