What will be my return on 10 k sip after 10 yr, icici pru nifty 50 indux fund growth 4k, quantum active fund regular plan 3k, SBI large and mid cap fund regular growth 3 k... Ajay Kumar Rana
Ans: To calculate the potential return on your SIP investment after 10 years, we can use a compound interest calculator. However, it's important to note that past performance is not indicative of future results, and market conditions can vary.
Assuming an average annual return rate based on historical performance:
ICICI Pru Nifty 50 Index Fund Growth: This fund aims to replicate the performance of the Nifty 50 index, offering relatively stable returns over the long term.
Quantum Active Fund Regular Plan: Known for its value investing approach, this fund seeks to generate capital appreciation over the long term.
SBI Large and Mid Cap Fund Regular Growth: This fund invests in both large-cap and mid-cap stocks, offering a balance between growth potential and stability.
Given the different investment strategies of each fund, your overall return would depend on the performance of the underlying assets and market conditions. It's advisable to consult with a financial advisor for a more accurate assessment based on your risk tolerance and investment goals.