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SBI Contra Fund, the oldest and largest contra fund, turned the same monthly SIP to Rs 6.10 crore with an XIRR of 19.86% in the said period.
SBI Long Term Equity Fund, the oldest ELSS fund, turned Rs 10,000 monthly SIP to Rs 5.31 crore with an XIRR of 19.03% in the last 25 years. Two schemes from HDFC Mutual Fund – HDFC Large Cap Fund and HDFC Capital Builder Value Fund – turned the same SIP to Rs 4.43 crore and Rs 4.26 crore respectively in the mentioned period. The schemes gave an XIRR of 17.93% and 17.69% respectively.
Franklin India ELSS Tax Saver Fund, an ELSS fund, turned the Rs 10,000 SIP to Rs 4.08 crore in the similar period, followed by Tata Large & Mid Cap Fund which turned the same SIP to Rs 3.87 crore in the mentioned period.Two ELSS funds – Sundaram ELSS Tax Saver Fund and Quant ELSS Tax Saver Fund – turned the monthly SIP to Rs 3.08 crore each in the similar time period. Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, turned Rs 10,000 SIP to Rs 3.02 crore with an XIRR of 15.59% in the said period. LIC MF ELSS Tax Saver and JM Large Cap Fund turned the investment to Rs 1.76 crore and Rs 1.65 crore respectively in the last 25 years.
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LIC MF Flexi Cap Fund turned this SIP to Rs 1.38 crore with an XIRR of 10.71% in the above mentioned period.
Note, we considered all equity schemes. Though some of the categories are new, the schemes have been there in the market before. We considered regular and growth options. We calculated the SIP performance from February 22, 2000 to February 22, 2025.
Note, the above exercise is not a recommendation. The exercise was done to evaluate the performance of schemes that completed 25 years if an investor did a monthly SIP of Rs 10,000 in these schemes. One should not make investment or redemption decisions based on the above exercise.
One should always choose a scheme based on risk appetite, investment horizon, and goals.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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