If you are looking for a good mutual fund so that you can invest, then there is good news for you. The dream of investing in mutual funds can now come true for everyone, especially when it comes to a systematic investment plan, or SIP. Through SIP, you can start investing with just Rs 100-200 and grow your investment with compound interest over time. One such mutual fund, SBI Healthcare Opportunities Fund, has made investors millionaires.
Crores of wealth created from a monthly SIP of Rs 2500
The fund, which is 25 years old, has given investors returns of more than 18 percent annually. The special thing is that the fund of investors who started a monthly SIP of Rs 2500 has exceeded one crore rupees today. The fund has funded investors up to Rs 1.18 crore over a period of 25 years, of which around Rs 7.50 lakh was a total investment, and the rest (Rs 1.10 crore) was received as interest.
High Risk, High Return Model of the Fund
SBI Healthcare Opportunities Fund has a high risk profile, i.e., this fund is more risky, but it also gets higher returns. The major investment of this fund is made in the healthcare sector, with an allocation of about 93.23 percent. Apart from this, there is also some investment in chemicals and other sectors.
Great returns on lump sum investments too
Even if you had invested a lump sum (lump sum) in this fund, you would have gotten the best returns. In 25 years, a lump sum investment of Rs 1 lakh would have turned into about Rs 55 lakh, i.e., about 17.12% annual returns. So if you too are thinking of investing in mutual funds for the long term, SBI Healthcare Opportunities Fund can be a great option.
