Future Value: ₹65,989 at 12% for 7 years. Wealth gained: ₹23,989.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹500 in Mirae Asset Hybrid funds at 12% for 7 years grows to ₹65,989. Total amount invested: ₹42,000, wealth gained: ₹23,989. Popular schemes: Mirae Asset Hybrid Equity Fund, Mirae Asset Balanced Advantage Fund.
At 12% expected return for 7 years, ₹500/month SIP in Mirae Asset Hybrid funds grows to approximately ₹65,989. Total invested: ₹42,000, Wealth gained: ₹23,989.
Mirae Asset Hybrid funds offer expected returns of 10 - 15% p.a. with moderate risk. Popular schemes include Mirae Asset Hybrid Equity Fund, Mirae Asset Balanced Advantage Fund. Compare with other fund houses on this page.
Mirae Asset Hybrid funds have an expense ratio of 0.65 - 1.35%. Lower expense ratios mean more of your returns stay with you. Exit load: 1% if redeemed within 1 year.
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 hybrid funds, 5-7 years is ideal to benefit from both equity growth and debt stability.