Mutual Fund SIP: SIP related to market risk. So many of us have not opted to invest in mutual funds or the stock market. But in recent days, many people have gotten high interest rates from SIPs. There are some companies that offer high interest rates on investments. Today in this article we’re going to suggest you some companies names that can give you a healthy return with relatively low market risk factors.
Motilal Oswal Mutual Midcap Fund
Motilal Oswal Mutual Midcap Fund has generated a return of 39.83% on investment through SIP over a period of five years. There are nine midcap mutual funds that have given more than 30% returns. If an investor had started investing Rs 10,000 every month in the Motilal Oswal Midcap Mutual Fund Scheme five years ago, his investment would have been Rs 15.74 lakh.
Nippon India Growth Fund
Nippon India Growth Fund has given investors a return of 33.35% over a period of five years, while in Edelweiss Midcap Fund, if an investor started an SIP of Rs 10,000 five years ago, his investment will be Rs 13,52,909 by October 2024. That is, the fund has given 33.27% returns.
Quant Mid Cap Fund
On the other hand, Quant Mid Cap Fund has given 33.17% returns over a five-year period. The company converted an SIP of Rs 10,000 to Rs 13,49,652. HDFC Midcap Opportunities Fund has reported a profit of Rs 32.94 in the same period.
Mahindra Mannlife and Sundaram Midcap Fund
Mahindra Mannlife and Sundaram Midcap Fund have generated a return of 31.82% and 30.28%, respectively, in five years, while Invesco India has given 30.26% returns on SIP investments in the same period.
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