Mutual Fund sip: The process of decline in the Indian stock market in late September last year continues. A large part of investors’ earnings has been ruined in this decline. This recession released in the market has drowned millions of crores of investors. Due to this non-stop decline, stock investors as well as people investing in mutual funds are also suffering heavy losses and their portfolio has also been destroyed. However, this decline has the worst impact on the mutual fund investors who have started investing some time ago.
Return from 19.03% XIRR
However, investors who have been investing in SIPs for a long time have not affected the portfolio. Today we are going to tell you about a mutual fund scheme, which made SIP of just Rs 10,000 a fund of Rs 5.31 crore in 25 years. The scheme we are going to talk about here has given a return from XIRR of 19.03% in 25 years. Surprisingly, despite the decline in the Indian stock market for almost 5 months, the scheme did not disappoint investors and the biggest reason for this is that it continued to invest for a long time.
Money increased by more than 17 times in 25 years
Yes, here we are talking about SBI Long Term Equity Fund. SBI Long Term Equity Fund has given its investors a return from the XIRR of 19.03 percent in the last 25 years. If you had started an SIP of Rs 10,000 in this scheme 25 years ago, then so far your total investment would be Rs 30 lakh. The scheme has given a return of Rs 5.31 crore on a total investment of Rs 30 lakh. This simply means that this scheme increased investors’ money more than 17 times in a period of 25 years.
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