Mutual Fund Calculator: Systematic Investment Plan (SIP) is one of the most suitable equity investment options which helps the investor to beat the growth of inflation in the long term. It is a suitable investment option for those who do not have lump sum amount to invest but want to grow a large amount over a long period from small monthly investments. There is good news for such mutual fund SIP investors. Invesco India Dynamic Equity Fund – Direct Plan – Growth has delivered staggering returns to its investors. This mutual fund plan has changed 10,000 in Monthly SIP 11.37 lakh in last 7 years.
Mutual Fund Return Calculator
Since its inception on 2nd January 2013, Invesco India Dynamic Equity Fund – Direct Plan – Growth The plan has given an annual return of around 12 per cent and an absolute return of around 191 per cent. This mutual fund scheme has given alpha return to its investors as the category return is 8.40 per cent since the inception of the scheme.
In the last one year, this mutual fund plan has given 2.50 per cent annual and overall returns. In the last 3 years, this plan has given 7.65 per cent annual return and 24.80 per cent absolute return. Similarly, in the last 5 years, the annual return given by this scheme is 7.75 per cent while the absolute return in this period is 45.35 per cent.
Mutual Fund SIP Calculator
According to the data of Value Research, if an investor has started SIP in this mutual fund plan, then his investment should be 3 years ago. 10,000 would have turned into monthly SIP 4.09 lakh today. Similarly, if an investor had invested 10,000 monthly in this plan in SIP mode, then its in last 5 years 10,000 would have turned into a monthly investment 7.26 lakh today. Similarly, if an investor had started 10,000 Monthly SIP in this Mutual Fund Plan, It Changes 11.37 lakh in last 7 years.
HDFC Balanced Advantage Fund – Direct Plan – Growth, Tata Balanced Advantage Fund – Direct Plan – Growth, ICICI Prudential Balanced Advantage Fund – Direct Plan – Growth and Edelweiss Balanced Advantage Fund – Direct Plan – Growth are some other mutual fund plans in this category. Similarly returns are given.