10-year SIP winners: Long-term investing in equity mutual funds is a wealth-building strategy that uses the power of compounding to grow money over 5 to 10+ years. The power of compounding in equity mutual funds is the process of generating returns on both your original investment and the accumulated returns over time. It creates a “snowball effect” that multiplies your wealth exponentially over the long term, making it a highly effective strategy for beating inflation. The longer your money stays invested, the more exponential and massive your wealth could grow.
Rs 1 lakh lump sum investment turned into Rs 7,34,665 estimated corpus in 10 years.
Quant Infrastructure Fund – Direct Plan
Rs 1 lakh lump sum investment turned into Rs 7,15,632 estimated corpus in 10 years.
Quant Flexi Cap Fund – Direct Plan
Rs 1 lakh lump sum investment turned into Rs 6,71,084 estimated corpus in 10 years.
Quant ELSS Tax Saver Fund – Direct Plan
Rs 1 lakh lump sum investment turned into Rs 6,66,659 estimated corpus in 10 years.
Quant Small Cap Fund – Direct Plan
Rs 1 lakh lump sum investment turned into Rs 6,36,942 estimated corpus in 10 years.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
