Mutual Funds: An investment of ₹1 lakh would have grown to ₹82 lakh
10 months, 2 weeks ago

Mutual Funds: An investment of ₹1 lakh would have grown to ₹82 lakh

Live Mint  

The power of compounding is so profound that it is even referred to as magic. Here, we zero in one mutual fund scheme i.e., SBI Contra Fund and study its returns over a period of time to understand how compounding played a key role in its growth. Investing ₹ 1 lakh A humble investment of ₹one lakh in SBI Contra Fund scheme can grow substantially over a period of time. We show it here as follows: If you invested ₹one lakh in SBI Contra Fund, the investment would have grown to ₹1.45 lakh in one year. Time Investment of ₹ one lakh CAGR return 1 year 1.45 lakh 45.09 3 years 2.35 lakh 32.92 5 years 3.17 lakh 25.94 Inception 82.61 lakh 19.66 Therefore, if the investment of ₹one lakh happened at the time of launch, it would have grown to ₹82.61 lakh, reveals the table above.

Investment Mutual Funds Fund Mutual Lakh Contra Sbi Contra Fund  fund  mutual  contra  sbi  compounding  grown  key  investment  scheme  lakh  82  funds

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Magic of Compounding: Monthly SIP of ₹12,000 into this Mutual Fund Would Have Grown to ₹1 Crore Now
1 month, 3 weeks ago

Magic of Compounding: Monthly SIP of ₹12,000 into this Mutual Fund Would Have Grown to ₹1 Crore Now

Live Mint  

The article showcases the potential of compounding over a long period of time. It focuses on the ICICI Prudential Bluechip Fund, a large cap scheme launched in 2008. By examining the monthly SIPs of ₹12,000 over a period of 10 years, the article demonstrates how an investor could have grown their wealth significantly through systematic investment. The calculations illustrate that …

Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years
3 months, 2 weeks ago

Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years

Live Mint  

Prior to investing in a mutual fund scheme, investors tend to examine the returns which the scheme has delivered in the recent past. To demonstrate the power of compounding, we handpick one mutual fund scheme — Tata Equity PE Fund — and examine the returns it delivered in the recent past. In a three year’s tenure, ₹one lakh investment would …

Mutual funds: ₹1 lakh invested in this Tata scheme at inception would have grown to over ₹41 lakh now
8 months, 3 weeks ago

Mutual funds: ₹1 lakh invested in this Tata scheme at inception would have grown to over ₹41 lakh now

Live Mint  

Investing in a mutual fund is considered a prudent way of creating wealth in a consistent way. For instance, in the past one year, the scheme delivered a return of 25.08 percent, which means if an investor had invested ₹one lakh in the scheme, it would have grown to ₹1.25 lakh. This means if someone had invested ₹one lakh in …

Mutual funds: Investing ₹1 lakh would have grown to ₹34 lakh in 24 years
10 months, 1 week ago

Mutual funds: Investing ₹1 lakh would have grown to ₹34 lakh in 24 years

Live Mint  

The power of compounding is so profound that it is referred to as ‘magic’. There are 42 open ended ELSS schemes with total assets under management amounting to ₹2.04 lakh crore as on Jan 31, 2024, shows the data released by Association of Mutual Funds in India. Likewise, thanks to 35.20 percent CAGR return given by the mutual fund in …

An investment of ₹1 lakh in this scheme would have grown 8 times in 15 years
11 months, 2 weeks ago

An investment of ₹1 lakh in this scheme would have grown 8 times in 15 years

Live Mint  

The advantages of compounding are so profound that it is referred to as magic. Magic of compounding JM Flexi Cap Mutual Fund has delivered a CAGR return of 14.41 percent since inception in Sept 2008. In one year, the mutual fund scheme has delivered a return of 40.12 percent, which means an investment of ₹1,00,000 would have grown to ₹1,39,990. …

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