Mutual Fund: Amazing SIP of Rs 10000, Rs 1.20 crore deposited in this way

Mutual Fund: Amazing SIP of Rs 10000, Rs 1.20 crore deposited in this way

Mutual fund SIP is considered a good way to invest.

With its help, you can create a big fund in the long run.

Edelweiss Mid Cap Fund has delivered an average annual return of 20 per cent on XIRR basis over the last 16 years.

Had the SIP been of Rs 10,000, today that amount would have increased to Rs 1.20 crore.

During this period you would have invested Rs 19 lakh and you would have got a return of Rs 1.01 crore.