Everyone wants to have a lot of money. In order for you to have more money, you need to have investments. The law of money growth says “More investment means more money.” But even if you start with a small investment, it can pay you big in the future.
(
I am going to tell you about one such investment plan before you know this investment plan alone which is called mutual fund, I have invested in one such mutual fund SIP (Systematic Investment Plan), the name of that fund is "QUANT SMALL CAP FUND DIRECT PLAN GROWTH" I have been investing in this fund since last 6 months. It is number one among High Return Funds. If you open SIP (Systematic Investment Plan) in "QUANT SMALL CAP FUND DIRECT PLAN GROWTH" you will get one year return of 12.68%, three year 63.9% and five year 25.06%.
There are two types of investment in this:
One Time : It is similar to FD (Fixed Deposit), in which the amount is invested for a specific period of time.
Monthly SIP : This is similar to RD (Recurring Deposit), in which the amount is invested on a fixed date every month for a fixed period.
Both investments are good, but according to me Monthly SIP is best because mutual fund is a market risk investment, and in this you make one time investment and losses are possible if the market crashes during your maturity period. If you do monthly SIP investment instead of one time investment, its advantage is that it keeps the balance even if there are fluctuations in the market. If you invest in a fund today and it is expensive today, it may be less in the next month, so your monthly SIP investment can bring high returns with low risk.
In "QUANT SMALL CAP FUND DIRECT PLAN GROWTH" you can start monthly SIP with minimum investment of 500 rupees. I have invested Rs.1000 in this fund. Making monthly investment. My investment information is shown below by photo.
If you invest 1000 rupees in this fund for 1 year, the total return will be 13227 rupees. (Investment+Return = Total, 12000+1227=13327) , if investment is made for 3 years then total return is 60318 Rs. (Investment+Return = Total, 36000+24318=60318) and if investment is made for 5 years then total return is Rs.1,40,853. (Investment+Return = Total, 60000+80853 = 1,40,853 ) as shown in the return calculator of QUANT SMALL CAP FUND DIRECT PLAN GROWTH" is an estimate that may be more or less.
[3 Year Investment Return Calculator]
QUANT SMALL CAP FUND DIRECT PLAN GROWTH" This fund is progressing very fast so I want you to definitely think about this fund. I am not promoting this fund and I am not an expert either.
I have no condition that you should invest in this fund, you should invest at your own risk, I am just giving a suggestion.
[Image Source] (All photos are screenshots of groww app.)
Thanks for reading till the end 😌🙏
Comment down any suggestions or feedback.
