SIP Return in ELSS : There is only one category of mutual fund where when you invest, your money gets locked for at least 3 years. That means you cannot withdraw your investment before 3 years. This is so that investment can be promoted for the long term. This category of mutual funds is called Equity Linked Savings Scheme (ELSS), which are also tax saver funds. That means, by investing in these, you can also avail tax benefits through Section 80C of the Income Tax Act. Some schemes of ELSS category have doubled or almost doubled the money of lump sum investors within their lock-in period. At the same time, high returns are also available on doing SIP.
NPS: There can be a loss of Rs 50 lakh in retirement fund, pension will also be half, if this option is not taken in NPS
Equity Linked Savings Scheme (ELSS) is an investment option in mutual funds, which can give you high returns along with saving tax. ELSS has a lock-in period of 3 years, that is, it cannot be encashed before 36 months. However, it is not necessary to withdraw your money after 3 years. You can continue this as long as you want, like other equity mutual fund schemes. Under ELSS i.e. Equity Linked Saving Scheme, a large part of the investors’ funds are invested in equity. In this, at least 80 percent exposure is in equity. Technically it can be up to 100 percent.
SIP Power: Magic of SBI Mutual Fund scheme, wealth increased 140 times since its inception, 16% return in SIP
Motilal Oswal ELSS Tax Saver Fund
3 year lump sum return: 20.7% per annum
Value of investment of Rs 1 lakh in 3 years: Rs 2,09,459
SIP return in 3 years: 38.92% per annum
Monthly SIP: Rs 10,000
Total investment in 3 years: Rs 3,60,000
Value of SIP in 3 years: Rs 6,22,072
The latest AUM of this fund is Rs 4194.64 crore, while the expense ratio is 0.64 percent. The benchmark is Nifty 500 TRI. Its top holdings include Trent, Zomato, Kalyan Jewellers, Prestige Estates, Suzlon Energy, Inox Wind.
Highest Return: 5 mutual funds which increased money 7 to 8 times in 10 years, got absolute return up to 757%, also became topper in SIP
HDFC ELSS Tax Saver Fund
3 year lump sum return: 25.57% per annum
Value of investment of Rs 1 lakh in 3 years: Rs 1,98,108
SIP return in 3 years: 28.67% per annum
Monthly SIP: Rs 10,000
Total investment in 3 years: Rs 3,60,000
Value of SIP in 3 years: Rs 5,43,731
The latest AUM of this fund is Rs 16761 crore, while the expense ratio is 1.08 percent. The benchmark is Nifty 500 TRI. Its top holdings include ICICI Bank, HDFC Bank, Axis Bank, HAL, Cipla and SBI.
SBI Long Term Equity Fund
3 year lump sum return: 24.03% per annum
Value of investment of Rs 1 lakh in 3 years: Rs 1,91,028
SIP return in 3 years: 33.82% per annum
Monthly SIP: Rs 10,000
Total investment in 3 years: Rs 3,60,000
Value of SIP in 3 years: Rs 5,82,249
The latest AUM of this fund is Rs 28,733 crore, while the expense ratio is 0.93 percent. The benchmark is Nifty 500 TRI. Its top holdings include HDFC Bank, M&M, RIL, Bharti Airtel, ICICI Bank and Torrent Power.
Top SIP Return: HDFC MF’s super scheme, 195 times return on one time investment, Rs 2 crore from SIP of Rs 1000
SBI Long Term Advantage Sr III
3 year lump sum return: 22.68% per annum
Value of investment of Rs 1 lakh in 3 years: Rs 1,84,638
SIP return in 3 years: 28.08% per annum
Monthly SIP: Rs 10,000
Total investment in 3 years: Rs 3,60,000
Value of SIP in 3 years: Rs 5,39,396
The latest AUM of this fund is Rs 81 crore, while the expense ratio is 0.97 percent. The benchmark is Nifty 500 TRI. Its top holdings include Zomato, RIL, Energy & Utilities, HDFC Bank, Tube Investments and Balrampur Mills.
Cost Effective SIP: 5 mutual funds that are economical in investment but strong in returns, are increasing money in SIP at the rate of 25 to 29%
Sundaram Long Term Tax Advantage Fund Series III
3 year lump sum return: 22.30% per annum
Value of investment of Rs 1 lakh in 3 years: Rs 1,82,928
SIP return in 3 years: 27.37% per annum
Monthly SIP: Rs 10,000
Total investment in 3 years: Rs 3,60,000
Value of SIP in 3 years: Rs 5,34,306
The latest AUM of this fund is Rs 39 crore, while the expense ratio is 1.37 percent. The benchmark is Nifty 500 TRI. Its top holdings include MCX, KEI, Safari, Greenpanel Ind, KSB.
(source: fact sheets, value research)
(Note: We have given information about the past performance of the mutual fund scheme here. This is not an investment advice. There is no guarantee that any scheme will repeat its past performance. Therefore, invest only after consulting a financial advisor.)
