Future Value: ₹14,40,211 at 7% for 5 years. Wealth gained: ₹2,40,211.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹20,000 in Axis MF Debt funds at 7% for 5 years grows to ₹14,40,211. Total amount invested: ₹12,00,000, wealth gained: ₹2,40,211. Popular schemes: Axis Short Term Fund, Axis Banking & PSU Debt Fund.
At 7% expected return for 5 years, ₹20,000/month SIP in Axis MF Debt funds grows to approximately ₹14,40,211. Total invested: ₹12,00,000, Wealth gained: ₹2,40,211.
Axis MF Debt funds offer expected returns of 6 - 8% p.a. with low to moderate risk. Popular schemes include Axis Short Term Fund, Axis Banking & PSU Debt Fund. Compare with other fund houses on this page.
Axis MF Debt funds have an expense ratio of 0.20 - 0.68%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil to 0.25%.
Yes, most Axis 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 debt funds, 1-3 years is typical. Match your SIP duration with your financial goal timeline.