Rs 9.58 lakh return on depositing Rs 25 thousand, this is not magic, simple calculation

New Delhi. Whether investors invest in the stock market or invest in mutual funds and FDs, they have only one desire – bumper returns. Although this happens very rarely, today we are going to tell you about one such option, whose returns will surprise you. In this option you invest only Rs 25 thousand and on maturity you get a profit of Rs 9.58 lakh. Shocked, but absolutely true.

Actually, we are talking about SBI Mutual Fund Scheme, in which you will get Rs 9.58 lakh on an investment of Rs 25 thousand. At first glance, it may look like a Ponzi scheme, but it is not. A person who invests money in this scheme gets a return of up to 40 times after a period. This scheme of SBI has been performing very well for some time now.

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What is the name of the scheme?
This investment scheme is known as SBI Magnum Mid Cap Fund Scheme. This mutual fund is very special in many ways. You can start SIP in two ways. It can also be invested in lump sum i.e. by investing the amount in lump sum. How much return will you get if you invest only under lump sum scheme?

How much interest do you get?
If we look at the returns of this mutual fund in the lump sum scheme, it has given a return of 35.4% in the last one year and 21.71% in the last two years. Similarly, this fund has given a return of 21.44% in 5 years. If we look at the returns since its inception, the average return has been more than 20 percent every year. The fund house has so far received investments of Rs 12,555 crore.

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How much return will you get?
If you invest 25 thousand rupees in this scheme of SBI under lump sum. As of date, it gives 20% annual return and if you hold your investment in it for 20 years, you will get a payout of Rs 9.58 lakh on maturity. Not that this fund gives returns infrequently, but since its inception, the average annual return has been 20 percent.

Tags: investment tips, Systematic Investment Plan (SIP), SBI