Investors got strong returns by investing in this MF scheme! 12 lakh fund received in only 8 years

Mutual Fund Investment Tips: With the changing times in India, the number of people investing in Mutual Funds has increased rapidly. Mutual funds have been giving strong returns to their investors for the last few years. In this, you can get a small amount invested through Systematic Investment Plan. Today we are going to tell you about such a Mutual Fund Scheme, by investing in which investors can get a return of Rs 12 lakh in a short period.

The name of this mutual fund scheme is Aditya Birla Sun Life Equity Savings Fund Scheme. It is a hybrid fund which invests in Equity Derivatives, Arbitrage, Equity Investment, Debt and Money Market to give strong returns to the people. It helps you in capital growth along with good income. The company started this fund on 28 November 2014. Through this fund, investors have got a return of 7.21 percent in the form of CAGR.

Know how much the fund has given returns
Investors have got good returns by investing in Aditya Birla Sun Life Equity Fund. In this scheme, investors have created a fund of Rs 12.88 lakh in 8 years by investing only Rs 10,000 under the Systematic Investment Plan. Under this scheme, investors have got a full 7.21% return every year. In such a situation, in the last 8 years, this scheme has converted an investment of Rs 9.6 lakh into Rs 12.88 lakh. Talking about the return of the last 5 years, it has been 7.36 percent. On the other hand, by investing Rs 6 lakh in this scheme in 5 years, you will get a return of Rs 7.20 lakh. On the other hand, Aditya Birla Sun Life Equity Fund has given a return of 7.74% in 3 years. In such a situation, a return of Rs 4.04 lakh has been received in a total investment of Rs 3.6 lakh on SIP of Rs 10,000.

Know the details of the fund
Talking about the fund manager of Aditya Birla Sun Life Equity Fund, a total of three people are managing it. In this, Dhaval Shah, Harshil Swarnakar and Lavlesh Solanki are managing these funds. All three are managing this fund for 1.5 years, 1.6 years and 7.2 years respectively. The value of Aditya Birla Sun Life Equity Fund as on November 17, 2022 has been estimated at Rs 510 crore. It invests the most in things like investment bank shares, metal and mineral sector, petroleum products, transport, industrial production and automobile etc.

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