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DSP India TIGER fund, thus far, has given an annualised return of 17.72 percent, which means if someone had invested ₹1 lakh in the scheme at the time of its launch, it would have swelled to ₹24.33 lakh as on Dec 29, 2023. ....
If someone had made an investment of ₹one lakh in JM Flexi cap mutual fund in Sept 2008, the sum would have grown to over ₹7.8 lakh on Dec 31, 2023 by growing at an annualised rate of 14.41 percent ....
SIP allows investors to invest in mutual funds regardless of market conditions. STP allows investors to transfer investments between mutual funds. SWP allows investors to withdraw a fixed amount at regular intervals. ....
Investing in mutual funds through SIPs has become a successful strategy for long-term wealth creation in India. SIPs allow investors to systematically accumulate wealth by investing a certain amount at frequent intervals, harnessing the power of compounding and rupee-cost averaging. ....