Vikrant Shekhawat : Sep 25, 2021, 12:13 PM
Best Mutual Fund Scheme:Many people dream of becoming a millionaire by investing money in the market. But if the right way or option of investment is not available then it is not easy to fulfill this dream. At the same time, those who put money in the right place and keep patience, their goal has also been fulfilled. The capital market has made many investors millionaires. By the way, if you are also thinking of becoming rich by investing money in the market, then you can turn to mutual funds. Here the risk is very less than investing money directly in the stock. On the other hand, if you invest disciplined over a long period, then you can have a good fund ready. Mutual Funds have both a lump sum investment or a Systematic Investment Plan (SIP) option. Here we are giving information about a similar scheme of ICICI Pru Mutual Fund, ICICI Pru Technology Fund, which has made investors rich.
Great returns since launch
ICICI Prudential Technology Fund was launched on 3 March 2020. Since then, the CAGR return of this fund has been close to 14 per cent. The total assets of this fund as on 31 August 2021 was Rs 5037 crore. Whereas the expense ratio of the fund is 2.21 percent as of 31 August 2021. In this scheme, SIP can be started with a minimum of Rs 100. At the same time, a lump sum investment of at least Rs 5000 will have to be made in this.
20 year SIP return
ICICI Pru Technology Fund has given SIP returns in 20 years at 23 per cent CAGR. During 20 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 1.05 crore. At the same time, those who would have waited by investing a lump sum of 50 thousand rupees in this scheme, they will have a fund of 40 lakhs ready today.
15 year SIP return
ICICI Pru Technology Fund has given SIP returns in 10 years at 24 per cent CAGR. During 15 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 40 lakh. At the same time, those who would have waited by investing a lump sum of Rs 50,000 in this scheme, they will have a fund of 7.5 lakh ready today.
10 year SIP return
ICICI Pru Technology Fund has given SIP returns in 10 years at 28% CAGR. During 10 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 16.20 lakh. At the same time, those who would have waited by investing a lump sum of Rs 50,000 in this scheme, they will have a fund of 5.5 lakh ready today.
Great returns since launch
ICICI Prudential Technology Fund was launched on 3 March 2020. Since then, the CAGR return of this fund has been close to 14 per cent. The total assets of this fund as on 31 August 2021 was Rs 5037 crore. Whereas the expense ratio of the fund is 2.21 percent as of 31 August 2021. In this scheme, SIP can be started with a minimum of Rs 100. At the same time, a lump sum investment of at least Rs 5000 will have to be made in this.
20 year SIP return
ICICI Pru Technology Fund has given SIP returns in 20 years at 23 per cent CAGR. During 20 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 1.05 crore. At the same time, those who would have waited by investing a lump sum of 50 thousand rupees in this scheme, they will have a fund of 40 lakhs ready today.
15 year SIP return
ICICI Pru Technology Fund has given SIP returns in 10 years at 24 per cent CAGR. During 15 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 40 lakh. At the same time, those who would have waited by investing a lump sum of Rs 50,000 in this scheme, they will have a fund of 7.5 lakh ready today.
10 year SIP return
ICICI Pru Technology Fund has given SIP returns in 10 years at 28% CAGR. During 10 years, those who would have invested only Rs 3000 in this scheme every month through SIP, its value increased to Rs 16.20 lakh. At the same time, those who would have waited by investing a lump sum of Rs 50,000 in this scheme, they will have a fund of 5.5 lakh ready today.