SBI Mutual Fund | Every person is worried about his future. Invest in various schemes to make your future financially safe. The best option for investment is Mutual Fund SIP. Investment in SIP is safe. Along with this, you can also invest in the equity scheme of mutual funds. By investing in these schemes, you will get returns in crores.
If you invest Rs 10,000 every month, you can become a millionaire. For this, you have to invest in equity schemes of mutual funds every month.
You can invest in SBI Large and Midcap Fund. It is an open ended equity fund. In this, you can invest in both largecap and midcap companies. In this scheme, investors have received 13.33 percent returns so far. In this scheme, at least 35 percent of funds are required to be in largecap stocks. Also, 35 percent of the amount should be invested in midcap.
In this scheme, if you invest Rs 10,000 per month, then you can get Rs 6.75 crore. This scheme has given 15.71 percent returns. The average return of 10 to 15 years in this scheme is 15 percent. The return of 5 years is 18.44 percent. While the return of 3 years is 13.65 percent.
SBI Largecap and midcap fund invest in shares in various fields. This fund has freedom to invest 30 percent funds at will. The fund can invest 30 percent in smallcap stocks, date instruments, money market. The scheme started in 1993.