SBI Lumpsum Scheme: Often when we talk about investment, the first thing that comes to our mind is FD (Fixed Deposit). Even today, most people in India prefer to invest money in FD because there is no risk in it and the investors’ money is safe. FD is considered to be the most reliable investment.
But you must have also noticed that FD does not get a high interest rate. Now SBI Mutual Fund’s Lumpsum Investment Scheme is becoming more popular than FD.
If you want to get good returns by investing money for a long time, then you can take SBI Lumpsum Plan. Investing in it is as safe as FD. Let’s know about this SBI Lumpsum Plan in detail.
In SBI’s Lumpsum Mutual Fund Scheme, the investor has to invest a fixed amount for a long time and let it grow for a long time. This gives you good returns after a long time.
For those who want to make a big investment and get good returns instead of making small investments, SBI’s Lumpsum Mutual Fund Scheme is the best.
How does SBI Lumpsum Investment work?
In SBI Lumpsum Investment, you do not need to make SIP every month but invest a large amount at once. After this, it has to be kept for long-term growth.
After some time, the returns can be higher than FD as mutual funds are market linked and the investor also gets the benefit of compounding.
How much can you invest in SBI Lumpsum Plan?
You can invest a minimum of Rs 5000 in this scheme and there is no limit on the maximum amount. You can invest as much as you want according to your budget. For the last few years, SBI Lumpsum Plan has been giving investors returns of 25% to 50% annually. (These figures are illustrative, market risks are always present)
Build a fund of Rs 19 lakh by investing Rs 50,000!
If you invest at least Rs 50,000 in SBI Lumpsum Plan and hold it for a long time, a large fund can be accumulated.
Suppose you invest Rs 50,000 once, then after 20 years this amount can be close to Rs 18,66,000 with a return of at least 20%. You can use the SIP calculator to know the exact returns you can get from SBI Lumpsum Plan. (These figures are illustrative, market risks are always present)
Fact check: Investment in mutual funds is subject to market risks. Past returns are not a guarantee of future returns. Consult a financial advisor before making any investment. The examples given in this article are for information only, not investment advice.
