Double your wealth: Invest Rs 10,000 monthly in THIS high-return mutual fund
Explore the potential of mutual fund investments to grow your wealth. Learn how consistent contributions can yield high returns over time.
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Investing requires careful consideration: Investments should be made with due diligence. It's crucial to know which funds perform well.
Many have reportedly received excellent returns.
Investing a fixed amount monthly is called SIP. Investors have seen impressive returns in short periods.
One such fund offers significant growth.
A monthly Rs. 10,000 SIP grew to Rs. 4.36 lakh in 2 years. It's the Baroda BNP Paribas Multi Asset Fund.
AUM grew significantly between November and December.
AUM rose from Rs. 1.19 lakh crore to Rs. 1.44 lakh crore. Investors earned an 18.91% return in the same period.
The fund's asset allocation is diversified.
69.49% in equity, 14.88% in gold, and 14.73% in debt funds. The fund has investments in specific companies. Expense ratio is 0.90%. Disclaimer: Mutual fund investments are subject to market risks. Consult experts before investing.
