Best Mutual Funds To Invest In 2024 India Sip. Traditional saving options give a guaranteed interest rate. View details » here are our recommended sip portfolios for august 2024:

An annualised sip of 33.94% will enable you to surpass the benchmark index of 26.13% if you have invested 10,000 over the last three years, generating an impressive corpus of rs.5,68,746. Investing in mutual funds for the long term, like the hdfc elss tax saver, can yield substantial returns due to compounding, with a rs 1,000 monthly sip potentially growing to rs 1.9 crore over 28.