If you have decided to invest in Mutual Funds for good returns and building sizable corpus over a period of time then this post may help you.
Mutual fund investment is subject to market risk, please read scheme related documents before investing.
The difference between investing in Regular scheme v/s Direct scheme is 1%. Direct scheme provides 1% more return.
Question is does 1% matters ?
Let's calculate...
Scenario 1 - Rate of Interest 1% [Regular Scheme]
Principle - Rs.1000
Invested for 10 Years.
Compounding Interval - Annually
Investment amount after 10 years Rs. 1105
Interest Rs. 105
Principle Rs. 1000
Scenario 2 - Rate of Interest 2% [Direct Scheme]
Principle - Rs.1000
Invested for 10 Years.
Compounding Interval - Annually
Investment amount after 10 years Rs. 1219
Interest Rs. 219
Principle Rs. 1000
All the numbers are captured between 23rd and 27th December 2019 and may have changed when you are reading this post.
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| Information captured available in public domain like moneycontrol.com none of the numbers are calculated manually by myself. | |||||||||
| Hope this information is useful and helped you to identify potential funds in different categories. Download The List |
