Future Value: ₹72,011 at 7% for 5 years. Wealth gained: ₹12,011.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹1,000 in Mirae Asset Debt funds at 7% for 5 years grows to ₹72,011. Total amount invested: ₹60,000, wealth gained: ₹12,011. Popular schemes: Mirae Asset Short Term Fund, Mirae Asset Dynamic Bond Fund.
At 7% expected return for 5 years, ₹1,000/month SIP in Mirae Asset Debt funds grows to approximately ₹72,011. Total invested: ₹60,000, Wealth gained: ₹12,011.
Mirae Asset Debt funds offer expected returns of 6 - 8% p.a. with low to moderate risk. Popular schemes include Mirae Asset Short Term Fund, Mirae Asset Dynamic Bond Fund. Compare with other fund houses on this page.
Mirae Asset Debt funds have an expense ratio of 0.18 - 0.60%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil.
Yes, most Mirae Asset 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 debt funds, 1-3 years is typical. Match your SIP duration with your financial goal timeline.