News Topical, Digital Desk : Mutual funds have become a favorite investment option for investors today. Most people choose SIPs for investing. SIPs allow you to invest in installments, which reduces the investment amount, and small investments can help you build a substantial fund.
Today, with the help of SIP calculation, we will understand that if an SIP of Rs 1000 is done every month, then how much fund will be ready after 15 years?
calculation
- Investment amount – Rs 1000 per month
- Investment period – 15 years
If a person invests ₹1,000 every month in a SIP, they will receive ₹505,000 after 15 years at a 12% return. Over these 15 years, they will accumulate an investment of ₹180,000, and receive ₹325,000 in returns alone.
Top Mutual Fund: Which fund gave the highest returns?
This year's pick is the DSP World Gold Mining Overseas Equity Omni FoF. It has delivered a one-year return of 134%. Let's first discuss this fund's holdings.
- (75%) Bullrock Global Funds - World Gold Fund (Class 12 USD Shares)
- (24.49%) VanEck Gold Miners ETF (
- (1.54%) REPS / Reverse Repo Investment
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