21 Year Old Mutual Funds :Recently, some mutual fund schemes have completed their 21 years. Among them, there are many which have an excellent track record of giving returns since their launch 21 years ago. Be it one-time investment or systematic investment plan SIP, investors have got high returns in both ways. Here we have given information about 3 such schemes which have recently completed 21 years. Since their launch, they have given returns of up to 21.21 percent per annum on lump sum investment and about 18 percent annual return on SIP investment. All of them have made 10 thousand monthly SIP into 1.5 to 2 crore rupees.
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Nippon India Banking & Financial Services Fund
SIP return of the fund in 21 years: 17.6% p.a.
Monthly SIP: Rs 10,000
Total investment in 21 years: Rs 25,20,000
Total value of SIP in 21 years: Rs 2,16,97,205
Nippon India Banking and Financial Services Fund was launched on 26 May 2003. That is, it has recently completed its 21 years. On completing 21 years, the asset under management (AUM) of the fund has reached Rs 6138 crore. This scheme with a portfolio of banking and financial shares has consistently given better returns. Since its launch, the return on lump sum investment in it has been 21.21 percent annually.
Since its launch, Baroda BNP Paribas Multicap Fund has been an attractive option for investors seeking strong returns. If an investor had invested Rs 10,000 monthly through Systematic Investment Plan (SIP) since the launch of the scheme, the value of his investment would have grown to more than Rs 2.16 crore today. The expense ratio of the fund is 1.88 per cent.
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Baroda BNP Paribas Multi Cap Fund
SIP return of the fund in 21 years: 15.41% p.a.
Monthly SIP: Rs 10,000
Total investment in 21 years: Rs 25,20,000
Total value of SIP in 21 years: Rs 1,62,33,295
Baroda BNP Paribas Multicap Fund has recently completed its 21 years. On completing 21 years, the asset under management (AUM) of Baroda BNP Paribas Multicap Fund has crossed Rs 2500 crore. Known for its balanced portfolio comprising largecap, midcap and smallcap stocks, this scheme has consistently performed better than its benchmark index for short term and mid term as well. This scheme was launched on 12 September 2003. Since its launch, the return on lump sum investment in it has been 16.36 percent annually.
Since its launch, Baroda BNP Paribas Multicap Fund has been an attractive option for investors seeking strong returns. If an investor had invested Rs 10,000 monthly through Systematic Investment Plan (SIP) since the launch of the scheme, the value of his investment would have grown to over Rs 1.60 crore today. The fund’s Sharpe ratio of 1.11 reflects its ability to deliver strong risk-adjusted returns.
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Canara Robeco Flexi Cap Fund
SIP return of the fund in 21 years: 16.32% p.a.
Monthly SIP: Rs 10,000
Total investment in 21 years: Rs 25,20,000
Total value of SIP in 21 years: Rs 1,83,14,546
Canara Robeco Flexi Cap Fund was launched on 16 September 2003. That is, it has recently completed its 21 years. At the same time, the asset under management (AUM) of the fund has reached Rs 13,510 crore after completing 21 years. The flexibility to invest in large cap, mid cap and small cap stocks makes this scheme safe and generates high returns. Since its launch, the return on lump sum investment in it has been 18.40 percent annually.
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Since its launch, Baroda BNP Paribas Multicap Fund has been an attractive option for investors seeking strong returns. If an investor had invested Rs 10,000 monthly through Systematic Investment Plan (SIP) since the launch of the scheme, the value of his investment would have grown to more than Rs 1.83 crore today. The expense ratio of the fund is 1.68 per cent.
(Disclaimer: The purpose of this article is only to provide information, it is not an advice to invest in any scheme. Take any investment decision only after getting complete information about the scheme and taking the advice of your investment advisor.)
