This mutual fund scheme created a fund of Rs 1 crore with a monthly SIP of Rs 2000, still a chance

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This mutual fund scheme created a fund of Rs 1 crore with a monthly SIP of Rs 2000, still a chance
mutual fund

investing in shares It has always been very risky to do so. At the same time, there is risk in mutual funds too but it is much less as compared to shares. Investors invest in shares to get higher returns but mutual funds have given higher returns in the long run than shares. Today we are telling you about one such mutual fund scheme, which has created a fund of Rs 1 crore with a monthly SIP of Rs 2000. This mutual fund scheme is HDFC Top 100 Fund. Let us know how this fund has made investors rich.

HDFC Top 100 Fund Returns

HDFC Top 100 Fund was launched 28 years ago on 4 September 1996. This MF scheme has given 35.71 percent returns in the last one year. It has given returns of 18.57 percent in the last 3 years, 20.08 percent in the last 5 years and 15.36 percent in the last 7 years. If someone had done a monthly SIP of only Rs 2000 in this scheme for 25 years, his corpus would have been Rs 1,03,71,769, out of which Rs 6,00,000 would have been the invested amount. In the last 28 years, the monthly SIP of Rs 2000 in this scheme would have increased to Rs 1,83,80,780. Similarly, SIP of Rs 10,000 in HDFC scheme would have increased to Rs 9,19,03,899.

HDFC Top 100 Fund Portfolio

The open-ended scheme has invested most in financial stocks like ICICI Bank and HDFC Bank, which are the top 2 stocks in the scheme’s portfolio. Others include NTPC, Larsen & Toubro, Bharti Airtel, Infosys. However, we are not advising you to invest in this scheme. We are just giving an information. You should take any investment decision only after consulting your financial advisor.

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