2024-03-25 23:55:56
New Delhi: If your hard-earned money is invested in the right place, you are sure to get excellent returns. Many mutual funds have given bumper returns to investors over the years. Those investing in these funds have become rich. Today we are going to tell you about such mutual funds, which have given more than 100 percent returns to investors. The funds of those investing in these mutual funds have increased rapidly. However, do not invest in any mutual funds without knowledge. Before investing in any mutual fund, definitely talk to your financial advisor once. If you do not do this, you may have to suffer financial loss.Outcry in the stock market! Sensex fell by more than 550 points, Nifty also fell sharply
These funds made investors millionaires
HDFC ELSS Tax Saver Scheme is among those making investors rich. It has given a return of 23.71 percent CAGR to investors. Those who invested Rs 1 lakh in this got a return of Rs 3.79 crore in 28 years. Nippon India Growth Fund has given investors a return of 22.64 percent CAGR. Franklin India Prima Fund has given a CAGR return of 19.51 percent, Franklin India Bluechip Fund has given 19.35 percent and HDFC Flexi Cap Fund has given a CAGR of 19.01 percent.
Investment Tips: To become a millionaire, adopt the formula of 15-30-20, this is how you will become rich through compounding.
Good returns were found in these schemes also
Nippon India Small Cap Fund invests primarily in small-cap companies. Its return in 10 years has been 1205.29 percent. SBI Small Cap Fund is managed by SBI Mutual Fund. This scheme of mutual fund invests in small-cap companies with high growth potential. Despite market fluctuations, SBI Small Cap Fund has given an excellent return of 1108.12 percent in 10 years. Quant ELSS Tax Saver Fund has given returns of 1020.85 per cent to investors in the last ten years.