Sectoral Banking Mutual Fund:If you want to take advantage of the growth of the banking sector, you can opt for banking mutual funds. Sectoral banking mutual funds are those sector funds whose asset allocation is mostly done in the stocks of Indian banks. There are many banking funds in the market which have a long history of giving high returns to investors. If we look at the 10-year returns in these funds, there are many schemes which are competing with the stock market in terms of returns. In these, up to 400 percent annual return is being given on lump sum investment in 10 years and 15 to 18 percent annual return is being given on SIP.
SIP for Home Loan: Took a loan of Rs 50 lakh for home, if you are a smart investor then how much SIP should you do as soon as the installment starts
Invesco India Financial Services Fund
Lumps Sum Returns
Annualized return on one-time investment in 10 years: 17.50%
One time investment: Rs 1 lakh
Investment value after 10 years: Rs 5,02,090
Absolute Return: 402%
SIP Returns
10 Year Annualized Return: 16.56%
Monthly SIP: Rs 10,000
Upfront investment: Rs 1 lakh
Total investment in 10 years: Rs 13,00,000
Value of SIP after 10 years: Rs 33,23,277
SIP winners: These 5 large cap funds top the return charts, 18 to 22% annualized return in 11 years, value of Rs 5000 SIP becomes Rs 32 lakh
Sundaram Financial Services Opportunities Fund
Lumps Sum Returns
Annualized return on one-time investment in 10 years: 14.73%
One time investment: Rs 1 lakh
Investment value after 10 years: Rs 3,95,572
Absolute Return: 295.57%
SIP Returns
10 Year Annualized Return: 17.72%
Monthly SIP: Rs 10,000
Upfront investment: Rs 1 lakh
Total investment in 10 years: Rs 13,00,000
Value of SIP after 10 years: Rs 35,54,774
Airtel Finance FD: Opportunity to book up to 9.1% interest on FD, Airtel Finance launched scheme, deposit up to Rs 5 lakh is 100% safe
Aditya Birla Sun Life Banking & Financial Services Fund
Lumps Sum Returns
Annualized return on one-time investment in 10 years: 15.12%
One time investment: Rs 1 lakh
Value of investment after 10 years: Rs 4,09,200
Absolute Return: 309.20%
SIP Returns
10 Year Annualized Return: 14.86%
Monthly SIP: Rs 10,000
Upfront investment: Rs 1 lakh
Total investment in 10 years: Rs 13,00,000
Value of SIP after 10 years: Rs 30,10,444
ICICI Prudential Banking and Financial Services Fund
Lumps Sum Returns
Annualized return on one-time investment in 10 years: 14.40%
One time investment: Rs 1 lakh
Investment value after 10 years: Rs 3,84,474
Absolute Return: 284.47%
SIP Returns
10 Year Annualized Return: 14.56%
Monthly SIP: Rs 10,000
Upfront investment: Rs 1 lakh
Total investment in 10 years: Rs 13,00,000
Value of SIP after 10 years: Rs 29,58,464
SCSS: Facility of monthly income up to Rs 40100 after retirement, if you do not withdraw money, you will get 24 lakh interest
Nippon India Banking & Financial Services Fund
Lumps Sum Returns
Annualized return on one-time investment in 10 years: 14.12%
One time investment: Rs 1 lakh
Investment value after 10 years: Rs 3,74,918
Absolute Return: 274.92%
SIP Returns
10 Year Annualized Return: 15.48%
Monthly SIP: Rs 10,000
Upfront investment: Rs 1 lakh
Total investment in 10 years: Rs 13,00,000
Value of SIP after 10 years: Rs 31,19,805
(Source : value Research, Amfi, SIP Calculator)
(Note: Here we have only given information about the returns of mutual fund schemes. This is not an investment advice. There are risks in the market, so take investment decisions only after consulting an advisor.)
