Future Value: ₹20,89,930 at 15% for 10 years. Wealth gained: ₹11,89,930.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹7,500 in SBI MF ELSS funds at 15% for 10 years grows to ₹20,89,930. Total amount invested: ₹9,00,000, wealth gained: ₹11,89,930. Popular schemes: SBI Long Term Equity Fund.
At 15% expected return for 10 years, ₹7,500/month SIP in SBI MF ELSS funds grows to approximately ₹20,89,930. Total invested: ₹9,00,000, Wealth gained: ₹11,89,930.
SBI MF ELSS funds offer expected returns of 12 - 20% p.a. with high risk. Popular schemes include SBI Long Term Equity Fund. Compare with other fund houses on this page.
SBI MF ELSS funds have an expense ratio of 0.95 - 1.75%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most SBI 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.