This mutual fund scheme created a fund of 1 crore with a monthly SIP of Rs 2000, there is still a chance

Investing in stocks has always been very risky. At the same time, there is risk in mutual funds as well but it is very less compared to stocks. Investors invest in stocks to get higher returns but mutual funds have given higher returns than stocks in the long term. Today we are telling you about one such mutual fund scheme, which has created a fund of Rs 1 crore from a monthly SIP of Rs 2000. This mutual fund scheme is HDFC Top 100 Fund. Let us know how this fund has made investors rich. 

HDFC Top 100 Fund Returns

HDFC Top 100 Fund was launched 28 years ago on 4 September 1996. This MF scheme has given a return of 35.71 percent in the last one year. It has g a return of 18.57 percent in the last 3 years, 20.08 percent in the last 5 years, and 15.36 percent in the last 7 years. If someone had done a monthly SIP of just Rs 2000 in this scheme for 25 years, his fund would have become Rs 1,03,71,769, out of which Rs 6,00,000 would have been the invested amount. In the last 28 years, a monthly SIP of Rs 2000 in this scheme would have grown to Rs 1,83,80,780. Similarly, a SIP of Rs 10,000anin HDFC scheme would the have grown to Rs 9,19,03,899.

HDFC Top 100 Fund Portfolio

The open-ended scheme has invested the most in financial stocks like ICICI Bank and HDFC Bank, which are the top 2 stocks in the scheme’s portfolio. Others include NTPC, Larsen & Toubro, Bharti Airtel, Infosys. and However, we are not advising you to invest in this scheme. We are just giving an iinformationu should take any investmenmakecision only after asking your financial advisor.