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Best Mutual Fund SIP: In recent times, SIP has emerged as an investment tool that is trusted by a large number of people. Over the long term, SIPOs offer higher returns than FDs. However, there is always risk with SIP. The question arises as to which mutual fund to bet on. HDFC Top 100 Fund has given excellent returns to investors over the past few years. The company has made its regular investors millionaires.
Money doubled in 1 year, now company got solar plant work
In HDFC Top 100 Fund every month Rs. 10,000 investment in last 20 years Rs. 6.88 crore has been compensated. It has been 27 years since this mutual fund was launched. The company mostly invests only in large caps. Let us tell you that, during the last 10 to 15 years, HDFC Top 100 Fund has returned 14% to its investors.
State-owned company announces dividend, investors rush for shares
This mutual fund company has invested 80 percent of its portfolio in large cap companies. Most large cap companies have better risk management. However, this year has been more challenging for large cap indices. The S&P BSE midcap and small cap indices returned 25 to 30 percent, respectively. At the same time, the large cap index returned 5 percent.