One of the most profitable places for investors to put their money for the long term and earn returns is through mutual funds. Additionally, it is possible to locate the different financial institutions and asset management firms that provide the greatest mutual funds for investing. One such company that offers a wide variety of mutual fund strategies is HDFC Mutual Fund. Investors favor HDFC mutual funds for long-term investments because of their stellar returns, managerial expertise, and reliable performance. Investors can attain their financial objectives by combining the advantages of investing in HDFC mutual funds with methodical investment planning.
In order to make wise investing decisions, investors should examine the estimated five-year and ten-year SIP returns of well-known HDFC mutual funds.
1. HDFC Growth Top 100 Mutual Fund: This large-cap fund includes stocks of large-cap firms with solid fundamentals. The following 5-year and 10-year SIP estimations can be determined by thoroughly examining its past performance and utilizing a SIP investment calculator:
Five-year SIP estimate: After five years, a ₹5000 SIP will increase to ₹4.3 lakhs with a 12% annual return.
10-Year SIP estimate: With a 13% compound annual growth rate, a ₹5000 SIP can increase to ₹11.5 lakhs over a ten-year period.
2. The MidCap Opportunities Fund of HDFC
The HDFC MidCap Opportunities fund, which consists of stocks from MidCap firms, is renowned for having a high degree of risk but comparable development potential. The 5-year and 10-year SIP estimates are as follows:
Five-year SIP estimate: A ₹5000 investment with a 14% compound annual growth rate can reach ₹4.7 lakhs.
10-Year SIP estimate: With a 15% compound annual growth rate, an investment of ₹5000 can grow to ₹13.8 lakhs over a ten-year period.
3. The Balanced Advantage Fund of HDFC
The HDFC balanced advantage fund, which consists of both debt-based and equity-based security, provided both growth and security, making it an ideal option for investors who need both stability and returns.
Five-year SIP estimate: At a CAGR of 11%, a ₹5000 monthly SIP investment can grow to ₹4.2 lakhs.
10-Year SIP estimate: With a 12% CAGR, a SIP of ₹5000 can increase to around ₹11 lakhs.
4. The HDFC Small Cap Fund
The HDFC small cap fund contains equities of businesses that are still in the growth stage, making it ideal for investors that value long-term investing. These businesses present a chance to produce returns on investment due to their significant growth potential.
Five-year SIP estimate: At a 15% CAGR, a ₹5000 SIP may reach ₹5 lakhs.
10-Year SIP estimate: With a CAGR of 16%, an investment of ₹5000 can grow to ₹15.5 lakh.
In conclusion
The HDFC Mutual Fund is a fantastic way for investors to make consistent, modest investments. Additionally, investors can choose the best mutual fund scheme with confidence thanks to 5-year and 10-year SIP estimates. To determine the appropriate SIP amount and choose a mutual fund that can provide the necessary returns within a specific time frame, one can also use a SIP calculator.