HomeBusinessIf you invest just Rs.25 thousand in this, you will own Rs.9.58...

If you invest just Rs.25 thousand in this, you will own Rs.9.58 lakhs! money making tips spi mutual fund gives over 20 percent return in long term with no risk – News18 Telugu Achi-News

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Achi news desk-

Whether you invest money in the stock market or invest in mutual funds or FDs, huge returns are what investors always want. Although this rarely happens, there is an option where you can convert your investment into big returns. Through this option you can get just Rs. 25 thousand only and will get a return of Rs.9.58 lakh on maturity. In SBI Mutual Fund Scheme you can invest only Rs. 25 thousand on an investment of Rs. 9.58 lakh will be earned. A person who invests money in this scheme gets a return of up to 40 times after a period of time. This scheme of SBI has been working very well for some time now.

What is the name of the scheme?

This investment scheme is called SBI Midcap Magnum Fund Scheme. This mutual fund is very unique in many ways. You can enable SIP in two ways. It can be invested in a lump sum, which means investing money in a lump sum.

The stock that brought rain to investors.. once only Rs.12 now Rs.2103

How much revenue do you get?

Looking at the returns of the lump sum scheme of this mutual fund, it has returned 35.4 per cent in the last one year and 21.71 per cent in the last two years. Similarly, this fund has returned 21.44 percent in 5 years. Looking at the returns since the beginning, the average return is more than 20 percent every year. So far the fund house has received an investment of Rs.12,555 crore.

If you invest Rs.25 thousand under this scheme of SBI… As per history so far, it gives annual return of 20 percent so if you hold your investment for 20 years, on maturity you will have Rs. 9.58 lakh will be paid. The fund has not been an occasional profit, since its inception, the average annual return has been 20 percent.

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