HDFC Mutual Fund Equity chems : If you are employed and your age is around 30 years. If you plan to save and invest Rs 1000 every month, then what can you get by retirement. Many people may say what will happen with a monthly investment of Rs 1000. But ignoring this small saving can be a big mistake. The 2 oldest equity schemes of HDFC Mutual Fund turned this Rs 1000 monthly SIP into Rs 2 crore in less than 30 years. In 28 to 29 years, their annualized return has been more than 20 percent.
Tata Group Scheme: Can you get 5 crores by investing 5000 rupees monthly? This scheme of Tata Group has done this amazing job
1. HDFC Flexi Cap Fund
SIP Return (since launch): 21.57% p.a.
Talking about HDFC Flexi Cap Fund, SIP return data for 29 years is available on Value Research. In the calculator, a SIP of Rs 1000 with an upfront investment of Rs 10,000 has given an annualized return of 21.57 percent in 29 years. Due to which the value of Rs 1000 SIP becomes Rs 2.06 crore in 29 years.
Monthly SIP: Rs 1000
Upfront investment: Rs 10,000
Duration : 29 years
Annualized Return: 21.57%
Total investment in 29 years: Rs 3,58,000 (Rs 3.58 lakh)
Value of investment in 29 years: Rs 2,06,74,120 (Rs 2.06 crore)
In which stocks does this scheme invest money
The stocks in which HDFC Flexi Cap Fund invests investors’ money include ICICI Bank, HDFC Bank, Axis Bank, Cipla, HCL Tech, SBI Life, Kotak Bank, Bharti Airtel, Infosys, SBI and Maruti Suzuki. That is, the scheme’s investments are mainly in banking and financial, healthcare, IT and auto sectors.
Total Assets and Expense Ratio
Total Assets: Rs 61,572 crore (31 July 2024)
Expense Ratio: 1.46% (June 30, 2024)
Launch date: January 1, 1995
Benchmark : NIFTY 500 TRI
Minimum investment: Rs 100
Minimum SIP: Rs 100
Highest FD Rates: These 8 banks are giving 9 to 9.50% interest on FD, should you lock profits in these SFBs now?
2. HDFC ELSS Tax Saver Fund
SIP Returns (since launch): 23.2% p.a.
Talking about HDFC ELSS Tax Saver Fund, SIP return data for 28 years is available on Value Research. In the calculator, a SIP of Rs 1000 with an upfront investment of Rs 10,000 has given 23.2 percent annualized return in 28 years. Due to which the value of Rs 1000 SIP becomes Rs 2.33 crore in 29 years.
Monthly SIP: Rs 1000
Upfront investment: Rs 10,000
Tenure : 28 years
Annualized Return: 23.2%
Total investment in 28 years: Rs 3,46,000 (Rs 3.46 lakh)
Value of investment in 28 years: Rs 2,33,52,145 (Rs 2.34 crore)
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In which stocks does this scheme invest money
The stocks in which HDFC ELSS Tax Saver Fund invests the investors’ money include ICICI Bank, HDFC Bank, Axis Bank, Cipla, HCL Tech, SBI Life, Kotak Bank, Bharti Airtel, Infosys, SBI and Maruti Suzuki. That is, the scheme’s investments are mainly in banking and financial, healthcare, IT and auto sectors.
Total Assets and Expense Ratio
Total Assets: Rs 16,145 crore (31 July 2024)
Expense Ratio: 1.71% (June 30, 2024)
Launch Date : March 31, 1996
Benchmark : NIFTY 500 TRI
Minimum investment: Rs 500
Minimum SIP: Rs 500
(Source: Value Research)