Future Value: ₹2,62,091 at 14% for 10 years. Wealth gained: ₹1,42,091.
| Year | Invested | Returns | Total Value |
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A monthly SIP of ₹1,000 in Canara Robeco ELSS funds at 14% for 10 years grows to ₹2,62,091. Total amount invested: ₹1,20,000, wealth gained: ₹1,42,091. Popular schemes: Canara Robeco ELSS Tax Saver Fund.
At 14% expected return for 10 years, ₹1,000/month SIP in Canara Robeco ELSS funds grows to approximately ₹2,62,091. Total invested: ₹1,20,000, Wealth gained: ₹1,42,091.
Canara Robeco ELSS funds offer expected returns of 12 - 18% p.a. with high risk. Popular schemes include Canara Robeco ELSS Tax Saver Fund. Compare with other fund houses on this page.
Canara Robeco ELSS funds have an expense ratio of 0.88 - 1.55%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most Canara Robeco 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.