3 value & contra mutual funds turn Rs 10,000 monthly SIP to over Rs 2 crore in 25 years
mutual funds have turned Rs 10,000 monthly SIP to more than Rs 2 crore in the last 25 years. Only these three value and contra funds have completed 25 years in the market.
SBI Contra Fund, the oldest and the largest contra fund, turned Rs 10,000 monthly SIP to Rs 7.15 crore in the last 25 years. The scheme gave an XIRR of 20.83% in the same 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-114412774»>Also Read | Jio Financial, Tata Power among top 10 largecaps bought by mutual funds in September
HDFC Capital Builder Value Fund, a value fund, turned Rs 10,000 monthly SIP to Rs 5.07 crore in the last 25 years. JM Value Fund, a value fund, turned Rs 10,000 monthly SIP to Rs 2.76 crore in the mentioned time period. The scheme gave an XIRR of 15.03% in the same time period.
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