SIP Investment: Big news! Invest 10,000 rupees monthly, Get a profit of 46 lakhs, know complete details

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SIP Investment: Big news! Invest 10,000 rupees monthly, Get a profit of 46 lakhs, know complete details
SIP Investment: Big news! Invest 10,000 rupees monthly, Get a profit of 46 lakhs, know complete details

Kotak Flexicap Fund is said to be the largest open-ended equity fund in India. was launched in September 2009. This MF scheme has given good returns to the people even in times like Eurozone crisis, Quantitative crunch, Demonetisation and Covid.

Investing in mutual funds through Systematic Investment Plan ie SIP gives profits in the long term. Kotak Mutual Fund is a backed diversified equity fund. Kotak Flexicap Subfund has given excellent returns over the long term. This Equity Mutual Fund has given triple digit returns in percentage terms on a monthly SIP of ₹10,000. In a span of 13 years, the total investment of ₹15.90 Lakhs in this Mutual Fund scheme has grown to around ₹46 Lakhs.

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Kotak Flexicap Fund is said to be the largest open-ended equity fund in the country. was launched in September 2009. This MF scheme has given good returns to the people even in times like Eurozone crisis, Quantitative crunch, Demonetisation and Covid. Fund’s performance on long term basis is strong. The fund identifies the best performing segments across categories of market cap and then invests investors money in the most positive segments.

Guaranteed Instant Returns
As per the data provided by Kotak Mutual Fund, it is learned that a lump sum investment of ₹1 lakh during the inception of Kotak Flexicap Fund in 2009 has grown to an investment value of ₹5.6 lakh till date. But better returns have been received on investment through SIP. Monthly SIPs as low as ₹10,000 since inception in Kotak FlexiCap Fund have brought the investment value of investors to ₹45.84 Lakhs till date. A lump sum investment of ₹1 lakh has a CAGR of 13.9%, while a monthly SIP of ₹10,000 has a CAGR of 14.8%.

SIPs are systematic investment plans offered by mutual funds where one can invest a fixed amount in various mutual fund schemes on a daily, weekly, monthly or yearly basis.

Also as per the data, if an investor had started a SIP of ₹10,000 every month from September 2009, the total investment would have been around ₹15.90 lakh by November 2022. This total investment value has increased to ₹ 45,84,655. By November 30, 2022, there would have been a profit of 188.34% on the deposited capital. The fund has given a return of 14.84% since inception.

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