Future Value: ₹55,73,145 at 15% for 10 years. Wealth gained: ₹31,73,145.
| Year | Invested | Returns | Total Value |
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A monthly SIP of ₹20,000 in Mirae Asset ELSS funds at 15% for 10 years grows to ₹55,73,145. Total amount invested: ₹24,00,000, wealth gained: ₹31,73,145. Popular schemes: Mirae Asset ELSS Tax Saver Fund.
At 15% expected return for 10 years, ₹20,000/month SIP in Mirae Asset ELSS funds grows to approximately ₹55,73,145. Total invested: ₹24,00,000, Wealth gained: ₹31,73,145.
Mirae Asset ELSS funds offer expected returns of 12 - 20% p.a. with high risk. Popular schemes include Mirae Asset ELSS Tax Saver Fund. Compare with other fund houses on this page.
Mirae Asset ELSS funds have an expense ratio of 0.85 - 1.55%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most Mirae Asset 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.