Future Value: ₹2,46,681 at 13% for 10 years. Wealth gained: ₹1,26,681.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹1,000 in Axis MF Equity funds at 13% for 10 years grows to ₹2,46,681. Total amount invested: ₹1,20,000, wealth gained: ₹1,26,681. Popular schemes: Axis Bluechip Fund, Axis Midcap Fund, Axis Small Cap Fund.
At 13% expected return for 10 years, ₹1,000/month SIP in Axis MF Equity funds grows to approximately ₹2,46,681. Total invested: ₹1,20,000, Wealth gained: ₹1,26,681.
Axis MF Equity funds offer expected returns of 11 - 17% p.a. with high risk. Popular schemes include Axis Bluechip Fund, Axis Midcap Fund, Axis Small Cap Fund. Compare with other fund houses on this page.
Axis MF Equity funds have an expense ratio of 0.55 - 1.60%. Lower expense ratios mean more of your returns stay with you. Exit load: 1% if redeemed within 1 year.
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 equity-oriented funds, staying invested for 7-10+ years is recommended to benefit from compounding and average out market volatility.