How to make a monthly investment of ₹ 5000 under the scheme of mutual funds, check the returns of 5,10,15 and 20 years.

 How to make a monthly investment of ₹ 5000 under the scheme of mutual funds, check the returns of 5,10,15 and 20 years.

How to make a monthly investment of ₹ 5000 under the scheme of mutual funds, check the returns of 5, 10,15 and 20 years.
Mutual Fund

Everyone all over the world dreams of becoming a millionaire, but it is not easy for everyone to make this dream come true, because they do not know the right way to become a millionaire, due to which their dream remains only a dream.  But today we will tell you how you can make your dream come true by becoming a millionaire in your life.  And one of them is mutual funds, now you must be thinking that Mohit has told the name of mutual fund, but which mutual fund to take, he has not even told it.  There are many types of mutual funds.  But do not panic, we will also tell you that which is the mutual fund that can make you a millionaire in a short time.  So let’s know about it.

 ICICI Prudential Technology Direct Plan Growth

India’s No.1 and Highest Returning Mutual Fund in the short run.  The fund was incorporated on 13 October 1993.  The fund size of this fund is 5037 crores and the fund manages assets of Rs4,10,129 crores.  ICICI Prudential Technology Direct Plan invests in the growth equity sector both in India and the US.  The holding of this fund is in 37 large companies and the NAV (Net Asset Value) of this fund is ₹ 176.40.  In ICICI Prudential Technology Direct Growth Plan, you can start a SIP (Systematic Investment Plan) with a minimum of ₹100 and you can make a one-time investment up to a minimum of ₹5000.  ICICI Prudential Technology Direct Plan Growth is managed by Ashwin Jain, Priyanka Khandelwal, Vaibhav Dusad and Sankaran Naren.

Let us now know about the returns of ICICI Prudential Technology Direct Plan Growth

 20 year SIP return

ICICI Prudential Technology Direct Plan Growth has given a Compound Annual Growth Rate (CAGR) of 23% over the last 20 years and if the individual who has done a ₹5000 monthly SIP, their value increases from Rs.12 lakh to Rs.2.4 crore in 20 years.

 20 years lumpsum (one time investment) return

If an individual has invested Rs1 lakh in the last 20 years in ICICI Prudential Technology Direct Plan Growth, then their value has increased to Rs62 lakh.

 15 year SIP return

ICICI Prudential Technology Direct Plan Growth has given a Compound Annual Growth Rate (CAGR) of 24% in the last 15 years and if a person who has done a monthly SIP of ₹ 5000, their value increases from Rs 9 lakh to Rs 79 lakh in 15 years.

 15 years lumpsum (one time investment) return

If a person has invested Rs1 lakh in ICICI Prudential Technology Direct Plan Growth in the last 15 years, then their value has increased to Rs24 lakh.

 10 year SIP return

ICICI Prudential Technology Direct Plan Growth has given a Compound Annual Growth Rate (CAGR) of 28% in the last 10 years and if the person who has done a monthly SIP of ₹ 5000, their value increases from Rs6 lakh to Rs27 lakh in 10 years.

 10 years lumpsum (one time investment) return

If a person has invested Rs1 lakh in ICICI Prudential Technology Direct Plan Growth in the last 10 years, then their value has increased to Rs11 lakh.

 5 year SIP return

ICICI Prudential Technology Direct Plan Growth has given a Compound Annual Growth Rate (CAGR) of 35% in the last 5 years and if the individual who has done ₹5000 Monthly SIP their value increases from Rs.21 Lakh to Rs.36 Lakh in 5 years.

 5 years lumpsum (one time investment) return

If a person has invested Rs1 lakh in ICICI Prudential Technology Direct Plan Growth in the last 5 years, then their value has increased to Rs3.5 lakh.

 Note: This return fluctuates every year.

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