Mutual Fund sip: Along with the global market, there is a tremendous ups and downs in the Indian market. The Indian market began to decline from the end of September last year, which continues. However, the market witnessed a good boom on Friday last week. Mutual funds have also suffered a lot due to this decline in the market. However, people who have been investing in mutual funds for a long time have not had any significant impact on their portfolio. Today we will tell you about a mutual fund scheme, which has lashed out money on investors. The scheme made a fund of Rs 3.18 crore from SIP of Rs 10,000.
Quant Els Tax Sver Growth Fund was launched 25 years ago
Quant launched the ELSS fund exactly 25 years ago. Quant ELSS Tax Saver Growth Fund was started on 13 April 2025. Since its launch, this scheme has given a return of about 16 percent every year. According to this, if a person had started a SIP of Rs 10,000 in it from its launch, then today he would have prepared a total fund of Rs 3.18 crore. Let us tell you that the total investment is Rs 14.70 lakhs from April 2000 to Rs 10,000.
You can start investing from just 500 rupees
Let us tell you that SIP can be started in Quant Els Tax Sver Growth Fund only 500 rupees. Currently, 84.87 percent of the money invested in this fund is being invested in the shares of large cap companies, 6.89 percent of the money is being invested in small cap and 5.94 percent money in the shares of mid -cap companies. ELSS is a special type of mutual fund category. Its full name is Equity Linked Savings Scheme. The ELSS mutual fund scheme comes with a 3-year lock-in period. People investing in ELSS scheme also get tax exemption.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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