If invested for a long time, inflation-beating returns can be easily achieved. Let us know here about such equity mutual funds in which by depositing Rs 10,000 every month for 5 years, Rs 12 lakh can be found.
Equity Mutual Fund gives better returns
For higher returns and earnings, one has to invest for more days. mutual fund The fund of the same also says that whatever investment, if done for a long time, then without any risk huge returns can be found. If this fund is used in equity mutual funds and along with the systematic investment plan ie SIP is continued, then a huge amount can be made in a short time. Equity mutual funds have seen the potential to deliver high returns in a short span of time. If invested for a long time, inflation-beating returns can be easily achieved. Let us know here about such equity mutual funds in which by depositing Rs 10,000 every month for 5 years, Rs 12 lakh can be found.
Quant Active Fund Direct-Growth
Quant Active Fund was launched on January 1, 2013. The AUM of Quant Active Fund Direct-Growth as on June 30, 2022 was Rs 2,644.71 crore. The NAV of this fund as on September 9, 2022 was Rs 470.37. Ever since the inception of this fund, it has given an annual return of 21.08 per cent. In this, the one-year return rate has been 14.10 percent. If a person has started a SIP of Rs 10,000 in this fund 5 years ago, then today he is getting a return of Rs 12.72 lakh. This fund has given returns of 30.62 per cent per annum in the last five years.
The annual SIP return of this fund has been 40.78 per cent in the last three years. Accordingly, a SIP of Rs 10,000 three years ago has turned into Rs 6.36 lakh today. In the last one year, this fund has given an absolute return of 9.04 percent. This shows that investors’ money doubled every two years. The fund’s special holdings are in services, consumer goods, financial, chemical, metals and mining products. Companies like ITC Limited, State Bank of India, Adani Port, Vedanta Limited and Larsen Toubro are among the top 5 holdings.
Quant Mid Cap Fund Direct-Growth
Quant Mid Cap Fund Direct Growth was launched on January 1, 2013. As on 30 June 2022, it had an asset under management of Rs 621 crore and its NAV as on 9 September 2022 was Rs 145.3. Quant Mid Cap Fund Direct has given an average return of 17.46 per cent every year. In this, the return of the last one year has been 23.56 percent. Monthly Systematic Investment Plan of Rs 10,000 in this fund has given a return of Rs 12.83 lakh in 5 years. The annual SIP return of this fund has been recorded at 30.97 percent in the last five years.
A monthly SIP of Rs 10,000 in this fund three years ago has turned into Rs 6.59 lakh today. This is according to the SIP return of 43.52 per cent per annum. The fund’s holdings are in services, financial, automobile, consumer staples and capital goods sectors. Patanjali Foods Limited, Container Corporation of India Limited, Indian Hotels Company Limited, Canara Bank and Bank of Baroda are the top 5 holdings of this fund.