15 largecap mutual funds turn monthly SIP of Rs 40,000 to Rs 1 crore in 10 years
mutual funds have turned a monthly SIP investment of Rs 40,000 into Rs 1 crore in the last 10 years, data crunching by ETMutualFunds showed. Around 23 large cap funds have completed 10 years of existence in the market.
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Nippon India Large Cap Fund turned a monthly SIP of Rs 40,000 into Rs 1.20 crore in the last 10 years with an XIRR of 17.69%. ICICI Prudential Bluechip Fund, the largest large cap fund based on assets managed, turned the monthly investment of Rs 40,000 to Rs 1.15 crore in a 10 year horizon. The scheme offered an XIRR of 16.97% in the same time period.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110860832»>Baroda BNP Paribas Large Cap Fund turned the monthly SIP of Rs 40,000 to Rs 1.10 crore in the last 10 year period. The scheme offered an XIRR of 16.09% in the said period. HDFC Top 100 Fund turned the monthly investment to Rs 1.09 crore in the said period.
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Kotak Bluechip Fund turned a monthly SIP of Rs 40,000 to Rs 1.07 crore with an XIRR of 15.49% in the last 10 years. SBI BlueChip Fund turned the monthly investment into Rs 1.03 crore with an XIRR of 14.88% in a 10 year period.
The other eight large cap funds turned the monthly investment between Rs 90.97 lakh to Rs 99.94 lakh in the said period. The oldest large cap fund, Franklin India Bluechip Fund, turned the monthly investment of Rs 40,000 into Rs 95.60 lakh in the last 10 years.
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