SIP Mutual Fund Return: These Equity Mutual Funds convert Rs.10,000 SIP into Rs.8 Crore in 25 Years
A group of just 34 equity mutual funds has converted a monthly SIP of Rs.10,000 into Rs.8 crore in the last 25 years. These are some of the rare ones that have endured in the market for a quarter of a century.
The scheme with the highest NAV in a given month showed the biggest increase, creating Rs.8.47 crore out of the monthly Rs.10,000 put in, reflecting an XIRR of 21.84%. Another mid-cap scheme in the category created Rs.6.49 crore using the same amount of SIP, amounting to a return of XIRR of 20.24%.
A contra fund, the largest and oldest in its segment, increased the SIP value to Rs.6.10 crore during this time with an XIRR of 19.86%. Likewise, the oldest ELSS fund in the market turned the SIP investment into Rs.5.31 crore with an XIRR of 19.03%.
Two plans of a reputed mutual fund house converted the SIP into Rs.4.43 crore and Rs.4.26 crore, with an XIRR of 17.93% and 17.69%, respectively. Another ELSS scheme turned the SIP into Rs.4.08 crore, and a large and mid-cap fund converted the same investment into Rs.3.87 crore.
Another two ELSS schemes returned the same result, converting the SIP to Rs.3.08 crore from Rs. 10,000 monthly investment. One small-cap scheme, that of the highest asset management firm’s handling of that category, converted the SIP to Rs.3.02 crore with XIRR at 15.59%.
Furthermore, an ELSS fund and a large-cap fund turned the SIP into Rs.1.76 crore and Rs.1.65 crore, respectively, over the last 25 years. A flexi-cap fund returned Rs.1.38 crore with an XIRR of 10.71% over the same period.
The study took into account all the equity schemes, including those that were available prior to the launch of new categories. Growth and regular options were included, with calculations ranging from February 22, 2000, to February 22, 2025.
It should be remembered that this study was done only to assess the performance of mutual funds that have completed 25 years. It is not an investment advice. Investment should always be taken after understanding one’s risk tolerance, financial goal, and investment horizon.
