SIP in Wealth Creator Mutual Fund Scheme:Financial advisors often talk about the importance of small savings along with patience. If you continue investing for a long time with small daily savings, it can do wonders. Even if you save only Rs 100 daily during your working days, after a time you can raise funds worth crores. If someone tells you that by saving Rs 100 daily in the initial days of your job, you can create a fund of Rs 3 crore by retirement, then you might not believe it. But this has become possible and the name of the equity mutual fund scheme that makes it possible is Tata Large & Mid Cap Fund. Since its launch, this scheme has now transformed a monthly investment of Rs 3000 into Rs 3 crore.
LIC MF Return: 5 champions of LIC Mutual Fund, giving 35 to 47% annual returns, SIP starts from Rs 200 in all
Old is gold proved right
Tata Large and Mid Cap Fund is included in the oldest mutual fund scheme of the country. This scheme was launched 31 years ago on March 31, 1993. Since its launch, this scheme has given returns of more than 16 percent per annum to SIP investors. Whereas since its launch, the return on lump sum investment of this scheme has been 13.38 percent per annum.
High returns in every phase
This fund has consistently performed well in every phase. It has given high returns in the period of 1 year, 3 years, 10 years to 20 years.
1 year return: 29.72%
3 year return: 16.84%
5 year return: 20.35%
7 year return: 15.72%
10 year return: 15.02%
15 year return: 14.25%
20 year return: 16.94%
SIP Emerging Stars: These are the 5 emerging stars of mutual funds, they dominated the return charts as soon as they came in the market, are giving returns up to 85%.
3 crores made from SIP of Rs 3000
SIP return data since the launch of Tata Large & Mid Cap Fund is available on Value Research. In these 31 years, this scheme has given 16.15 percent annualized return to SIP investors.
Monthly SIP: Rs 3000 (save Rs 100 per day)
Duration: 31 years
Initial investment: Rs 50,000
Annualized return: 16.15 percent
Total investment in 31 years: Rs 11,66,000 (Rs 11.66 lakh)
Value of SIP investment after 31 years: Rs 2,99,83,881 (about Rs 3 crore)
Top holdings of Tata Large & Mid Cap Fund
HDFC Bank
Varun Beverages
Reliance Ind
PI
SBI
ICICI Bank
IDFC First Bank
Bharti Airtel
Cummins India
Fortis Healthcare
AUM: Assets Under Management
The total assets under management of Tata Large & Mid Cap Fund as of September 30, 2024 was Rs 8677 crore. Whereas till September 30, 2024 the expense ratio was 1.76 percent. Lump sum investment can be made in this fund with a minimum of Rs 5000. SIP can be done with a minimum of Rs 100.
SIP in Midcap: These 5 midcap funds doubled money in 3 years and 4 times in 5 years, are giving 35 to 46% returns in SIP.
About Large and Midcap Fund Category
Large and Midcap Fund invests in large cap stocks and midcap stocks. While largecap stocks provide stability to the portfolio, midcaps can give high returns when the market rises. Large and Midcap Fund focuses on stocks of 250 companies. Among these, the top 100 companies in terms of market capitalization come under large cap, while the next 150 companies come under mid cap. Large and midcap funds are safe options. These have less risk as compared to midcap and smallcap. Large and Midcap funds can be a better option for those investors who want to maintain their investment for 5 years or more.
(source: value research, Amfi)
(Note: It is not guaranteed whether the past returns in any equity fund will continue or not. This may or may not continue in the future. There are risks in the market, so seek expert advice before investing.)