Best Mutual Funds : These 5 schemes made you happy, money doubled in three years

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Best Mutual Fund: Every investor wants to get huge returns on his investment. What to say if money doubles in a few years. It takes a long time for money to double in traditional investment options like FD or RD.

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But, money invested in the stock market grows rapidly. However, the risk in this is very high. But, if investment is made in equity through mutual funds then the risk reduces significantly.

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Best Mutual Fund: Every investor wants to get huge returns on his investment. What to say if money doubles in a few years. It takes a long time for money to double in traditional investment options like FD or RD. But, money invested in the stock market grows rapidly. However, the risk in this is very high. But, if investment is made in equity through mutual funds then the risk reduces significantly.

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The three-year absolute return of Nippon India ETF Nifty PSU Bank Fund has been 216 percent. The annual average return of this fund has been 46.71%. Value of investment of Rs 1 lakh in 3 years: Rs 3,16,786. The size of this fund is Rs 2560.7 crore.

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Kotak Nifty PSU Bank ETF has also given huge returns to investors in three years. The absolute return of this fund for three years has been 216.27 percent. Rs 1 lakh increased to Rs 3,16,265 in 3 years. The fund size is Rs 1379.35 crore and the expense ratio is 0.49%.

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The three-year average return of ABSL PSU Equity Fund has been 42 percent. At the same time, the absolute return of 3 years has been 187 percent. If an investor had invested Rs 1 lakh in this fund 3 years ago, the value of his investment has now increased to Rs 2,87,381. The size of ABSL PSU fund is Rs 33303 crore, while its expense ratio is 0.53 percent.

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Quant Smallcap Fund has also given tremendous returns to investors in the last three years. Its average return in 3 years has been 41.96 percent. At the same time, this fund has given 186.95 percent absolute return during this period. In 3 years the value of investment of Rs 1 lakh has increased to Rs 2,86,936. The size of this fund is Rs 17193 crore and the expense ratio is 0.70 percent.

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ICICI PruInfrastructure Fund has also given 169 percent absolute return in three years. That means investors’ money has increased more than double in three years. During this period, the average annual return of this fund has been 39 percent. In 3 years, Rs 1 lakh has become Rs 2,68,746. The size of ICICI PruInfrastructure Fund is Rs 4932.44 crore and its expense ratio is 1.02 percent.

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7th Pay Commission : Not only DA, TA, HRA, there is a huge increase in total 9 allowances of central employees, they became rich

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