Future Value: ₹1,31,04,569 at 14% for 10 years. Wealth gained: ₹71,04,569.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹50,000 in ABSL MF ELSS funds at 14% for 10 years grows to ₹1,31,04,569. Total amount invested: ₹60,00,000, wealth gained: ₹71,04,569. Popular schemes: ABSL ELSS Tax Relief 96 Fund.
At 14% expected return for 10 years, ₹50,000/month SIP in ABSL MF ELSS funds grows to approximately ₹1,31,04,569. Total invested: ₹60,00,000, Wealth gained: ₹71,04,569.
ABSL MF ELSS funds offer expected returns of 11 - 18% p.a. with high risk. Popular schemes include ABSL ELSS Tax Relief 96 Fund. Compare with other fund houses on this page.
ABSL MF ELSS funds have an expense ratio of 0.95 - 1.70%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most ABSL MF fund schemes allow you to increase (top-up) your SIP amount. You can also start an additional SIP in the same or different scheme. Consider step-up SIP for automatic annual increases.
For equity-oriented funds, staying invested for 7-10+ years is recommended to benefit from compounding and average out market volatility.