Mutual Fund: SIP of Rs 10,000 made one a millionaire in ten years

New Delhi. The number of people investing in mutual funds in India is increasing day by day. There are two reasons behind this. First, the higher returns offered by mutual funds compared to other traditional investment instruments like fixed deposits. Second, increasing awareness among people about the stock market. Financial advisors believe that investing in mutual funds with a long term perspective gives more benefits. Motilal Oswal Flexi Cap Fund has proved this right. This scheme, started in April 20124, has given a compound annual growth rate (CAGR) of 17.17%. This means that if an investor had invested Rs 10,000 every month in this scheme through SIP, then by March 28, 2024, the value of his investment (SIP Calculator) would have become Rs 24.4 lakh.

Similarly, if an investor had made a lump sum investment of Rs 10,000 in this fund after its launch, then by March 28, 2024, this amount would have increased to Rs 48,176. Motilal Oswal Flexi Cap Fund is an open ended dynamic equity scheme investing in large cap, mid cap and small cap stocks. The asset under management (AMU) of this scheme is Rs 9,660 crore.

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54.80 percent return in one year
CNBC TV18 Hindi According to a report, Motilal Oswal Flexi Cap Fund has given a return of 54.80% in the last one year. This fund has given a CAGR of 15.24% in the last three years and 13.14% in the last five years. The investment objective of this scheme is to achieve long term capital gains by investing in equity and equity related instruments.

load structure
An exit load of 1% is applicable if the investment is redeemed on or before 15 days from the date of allotment. Apart from this, if the investment is redeemed after 15 days from the date of allotment, there will be no exit load. No exit load is applicable on switching between Motilal Oswal Focused Fund, Motilal Oswal Midcap Fund, Motilal Oswal Flexi Cap Fund, Motilal Oswal Large and Midcap Fund, Motilal Oswal Multi Asset Fund and Motilal Oswal Balanced Advantage Fund.

(Disclaimer: The information given here is based on the performance of the mutual fund. If you want to invest money in this fund, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any profit or loss of yours. .)

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