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Best Return Mutual Fund: To become rich, earning alone is not enough but it is also important to put that money to work, although most of the working people work to increase their money by investing in schemes like FD, because here your money There is no fear of losing money, it is 100% safe, certainly fixed deposit is the best way to invest but currently mutual fund SIP is emerging as the best investment.
Mutual fund market is high in risks, hence money is not completely safe here, your returns can be more or less, but there are many types of schemes in mutual fund which can give best returns by reducing the risk. Today we are going to tell you about one such mutual fund which has made its investors millionaires in a very short period of time.
HDFC Top 100 Fund
HDFC Top 100 Fund has given huge returns to its regular investors. The investors who started SIP of Rs 10,000 in this mutual fund scheme 20 years ago, their money is currently worth Rs 6.88 crore. Let us tell you that the company is investing in Large Cap Fund. Invests, hence gets more security and slightly less returns.
Annual return was 14%
Talking about HDFC Top 100 Fund, it has given an annual return of 14 percent continuously for the last 10, 15 years, the fund has completed 27 years since its launch, the majority (about 80) percent of the fund is in large cap companies. If you want to invest in mutual funds, then definitely take expert opinion. Otherwise you may have to take risks.
Disclaimer: This article has been made on the basis of research and information, we do not give any kind of financial advice. If you want to invest then first consult your financial advisor.
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