Future Value: ₹6,97,017 at 12% for 10 years. Wealth gained: ₹3,37,017.
| Year | Invested | Returns | Total Value |
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A monthly SIP of ₹3,000 in Axis MF Index funds at 12% for 10 years grows to ₹6,97,017. Total amount invested: ₹3,60,000, wealth gained: ₹3,37,017. Popular schemes: Axis Nifty 50 Index Fund.
At 12% expected return for 10 years, ₹3,000/month SIP in Axis MF Index funds grows to approximately ₹6,97,017. Total invested: ₹3,60,000, Wealth gained: ₹3,37,017.
Axis MF Index funds offer expected returns of 10 - 15% p.a. with high risk. Popular schemes include Axis Nifty 50 Index Fund. Compare with other fund houses on this page.
Axis MF Index funds have an expense ratio of 0.10 - 0.15%. Lower expense ratios mean more of your returns stay with you. Exit load: 0.25% if redeemed within 15 days.
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.