Finance
Big GuyHSBC Fund Turns ₹10K SIP into ₹4.39L: A Joey-Style Win!
Hey there, pal! If you tossed in ₹10K every month into the HSBC Multi Cap Fund since January 30, 2023, you'd be sitting pretty with ₹4.39 lakh! That's a whopping 22.56% return, way better than the NIFTY 500's 19.01%. Just keep in mind, it's a bit risky, so make sure you check the fine print, alright?
few days ago | Sunainaa Chadha
Quick rundown
1.HSBC Multi Cap Fund delivers a 22.56% annualised return.
2.The fund outperforms NIFTY 500 Multicap and Nifty 50 TRI.
3.SIP of ₹10,000 grows to ₹4.39 lakh with 13.41% XIRR.
4.Multi-cap strategy captures growth across market segments.
5.Investing in multi-cap funds is best for long-term investors.
