Future Value: ₹26,20,914 at 14% for 10 years. Wealth gained: ₹14,20,914.
| Year | Invested | Returns | Total Value |
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A monthly SIP of ₹10,000 in Tata MF ELSS funds at 14% for 10 years grows to ₹26,20,914. Total amount invested: ₹12,00,000, wealth gained: ₹14,20,914. Popular schemes: Tata India Tax Savings Fund.
At 14% expected return for 10 years, ₹10,000/month SIP in Tata MF ELSS funds grows to approximately ₹26,20,914. Total invested: ₹12,00,000, Wealth gained: ₹14,20,914.
Tata MF ELSS funds offer expected returns of 11 - 18% p.a. with high risk. Popular schemes include Tata India Tax Savings Fund. Compare with other fund houses on this page.
Tata MF ELSS funds have an expense ratio of 0.95 - 1.65%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most Tata 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.