This mutual fund has turned ₹10,000 monthly SIP into ₹4.73 crore over 28 years

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A monthly SIP of ₹10,000 in Tata Large Cap Fund since its inception in May 1998 would have grown to nearly ₹4.73 crore by March 31, according to data released by the fund house as it completed 28 years of operations.

The fund house said an investor would have invested a total of about ₹33.4 lakh through systematic monthly contributions over the period, with the corpus growing through long-term compounding across multiple market cycles.

The data also showed that the scheme delivered a SIP return of 15.72% since inception, based on investments made on the first day of every month.

For shorter investment periods, returns were more moderate and varied across market phases.

A ₹10,000 monthly SIP over 10 years would have grown to about ₹20.58 lakh, while over 20 years it would have reached nearly ₹82.93 lakh, according to the performance table shared by the fund house.

The scheme is benchmarked against the Nifty 100 TRI and invests predominantly in large-cap equities. The fund is currently managed by Abhinav Sharma and Hasmukh Vishariya.

Market experts, however, caution that past performance does not guarantee future returns, particularly in equity mutual funds where market volatility can affect investment outcomes. The fund document also stated that mutual fund investments are subject to market risks and investors should assess suitability based on their financial goals and risk appetite.



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