Ajit Karn
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It is said that the stock market is a volatile business. Where the investor becomes rich in a moment, then he comes down with a shock. In such a situation, if you want to avoid direct investment as an investor and want to earn, then SIP i.e. Systematic Investment Plan is a great option. Today we are talking about such a fund, which has given a return of Rs 12 crore on a monthly SIP of Rs 10,000.
Gave 30% return in one year
This fund is HDFC Flexi Cap. It had started benefiting investors since its inception. This month the fund has completed 28 years. During this period, investors have got excellent returns year after year through this fund. If we look at the track record of the last one year, then this fund has worked to give a return of about 30%.
28 years of wonderful journey completed
If we look at the journey of HDFC Flexi Cap Fund in this 28 years, then if an investor had done SIP of just 10,000 monthly in the beginning, then the return he would have got is more than Rs 12 crore till now. Because this fund has given more than 19% returns. In the last one year, this fund has given a return of 30.29%. In terms of investment, the fund has provided a return of Rs 1.39 lakh on a Monthly SIP of Rs 10,000 in a year.
HDFC Flexi Cap Fund turned 28 on 1st Jan, 2023. Read this edition of #WeekendBytes to know the journey of one of the oldest schemes in the Mutual Fund industry.
Link – https://t.co/CLGAchtoib pic.twitter.com/cNVHg2yeOQ
— HDFC Mutual Fund (@hdfcmf) January 7, 2023
This is the fund’s record of 15 years
If we look at the figure of return received through this fund in the period of last three years, then it has given a return of about 31% to its investors. That is, in three years, through a monthly SIP of Rs 10,000, the return on the total investment of Rs 3.60 lakh became Rs 5.61 lakh. Similarly, it has given about 21 per cent return in the last five years and about 15 per cent return in the last 15 years to its investors.
Excellent returns in long term
Looking at the year-on-year returns received through this fund, it has emerged as a way for investors to become crorepatis in the long term. If you are also planning to invest through SIP, then before making small or big investment, it will be beneficial to do a complete investigation about the fund’s back history and returns.
(Note- Before investing in mutual funds, do a thorough investigation and take the advice of your market expert. This is only a story based on the past record of the fund.)
