Investing in mutual funds nowadays comes in the category of smart investment, but the most important thing for this is the choice of the right fund and restraint for long periods. If you have chosen a good mutual fund and have invested regularly in it, then your money can increase rapidly. In this report, we will try to understand by considering 15 percent annual return (CAGR), how long your money can be doubled, five times or ten times.
Is 15 % CAGR return possible?
Financial experts believe that 15 % of returns can be achieved in a long time with mutual funds, provided investors continue investing with Discipline and do not make the mistake of making profit early. This is not an estimate, there are many funds who have given more than this return in the last 10 years.
Top large cap funds giving more than 15 percent returns in 10 years
Large cap funds typically invest in companies that are reliable, stable and blue-chip. For example, Quant Focused Fund has given 15.52 percent return in 10 years, while its 3 and 5 years of returns were 19.82 percent and 27.17 percent.
Similarly, Nippon India Large Cap Fund has given 15.09 percent in 10 years, 24.14 percent in 3 years and 29.83 percent in 5 years. At the same time, Canara Robeco Bluechip Equity Fund is also not behind. It has given 15.04 percent in 10 years, 23.67 percent in 5 years and 19.18 percent in 3 years.
Performing flexi cap funds even more powerful
Flexi cap funds invest money in different categories according to the market status, which can improve returns. Quant Flexi Cap Fund has given a return of 19.81 percent in 10 years, 35.30 percent in 5 years and 23.44 percent in 3 years. Parag Parikh Flexi Cap Fund gave 18.25 percent in 10 years, 28.41 percent in 5 years and 22.97 percent in 3 years. In this, JM Flexicap Fund is also not far behind, it has given a return of 17.30 percent in 10 years, 30.22 percent in 5 years and 27.90 percent in 3 years.
How much can money increase on just 15 percent returns?
If you earn 15 percent returns annually, then how fast your money can grow in a few years, this calculation is very easy. For example, it takes 5 years to make 1 lakh to 2 lakhs. Whereas to make 1 lakh 5 lakhs, you will have to wait for about 11.5 years. At the same time, it will take about 16.5 years to convert 1 lakh to 10 lakhs.
Must remember this before investment
Even though these figures raise hope, it is important that you understand that there are ups and downs in the market. Last returns are not guaranteed future. Before investing, understand your risk stamina and financial needs and consult a certified financial planner if needed.
Patience and right fund is the real capital
Investing in mutual funds is a long race horse. If you chose the right fund, started investing on time and continuously investing, then your money can also be 10 times on the annual return of 15 percent. Just needs restraint, research and some planning.
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