
Looking to invest Rs 25,000/month to get Rs 1 crore in 10 years? Read on
equity mutual funds turned a monthly investment of Rs 25,000 to Rs 1 crore in a 10 year horizon, an analysis by ETMutualFunds showed. There were around 150 equity schemes that completed 10 years of existence in the market.
Quant Small Cap Fund
Quant Small Cap Fund is an open-ended equity scheme investing in a small cap portfolio of equity shares. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.22 crore The scheme gave an XIRR of 26.78%.
The scheme is managed by Ankit Pande, Sanjeev Sharma, and Vasav Sahgal. The scheme is benchmarked against NIFTY SMALL CAP 250 TRI. The minimum investment amount for a weekly, fortnightly, and monthly SIP is Rs 1,000.
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Quant ELSS Tax Saver Fund
Quant ELSS Tax Saver Fund is an open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.12 crore The scheme gave an XIRR of 25.25%.
The scheme is managed by Ankit Pande and Vasav Sahgal. The minimum investment amount for a weekly, fortnightly, and monthly SIP is Rs 500.
Nippon India Small Cap Fund
The scheme is the largest scheme in the small cap category based on the assets managed. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.10 crore The scheme
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