Columbus

Canara Robeco Large and Mid Cap Fund: ₹10,000 SIP Grows to ₹1.89 Crore in 20 Years

Canara Robeco Large and Mid Cap Fund: ₹10,000 SIP Grows to ₹1.89 Crore in 20 Years

Canara Robeco Large and Mid Cap Fund transformed a monthly SIP of ₹10,000 into ₹1.89 crore in 20 years. The fund has delivered a 17.92% XIRR return since its launch. Investors can start an SIP with just ₹1,000, and its key holdings include ICICI Bank and Indian Hotels Company.

Mutual Fund Schemes: Canara Robeco Large and Mid Cap Fund, previously known as Emerging Equities Fund, has converted a monthly SIP of ₹10,000 into ₹1.89 crore over 20 years. This fund has provided a 17.92% XIRR return since its inception. Investors can initiate an SIP with a minimum of ₹1,000. The fund’s top holdings include prominent companies like ICICI Bank, Indian Hotels Company, and Uno Minda.
 
Fund's 20-Year Performance

Canara Robeco Large and Mid Cap Fund, formerly known as Canara Robeco Emerging Equities Fund, has delivered substantial returns to investors over the past 20 years. This fund has proven its ability to transform even small investments into significant funds over time. It has provided investors with an XIRR return of 17.92 percent over 20 years.

The fund's stability and consistent performance set it apart from other mutual fund schemes. Investors have not only seen capital appreciation through timely investments but have also experienced secure investments during market fluctuations.

How a ₹10,000 SIP Became ₹1.89 Crore

If an investor had started a monthly SIP of ₹10,000 in the Canara Robeco Large and Mid Cap Fund for the past 20 years, their fund would currently be worth approximately ₹1.89 crore. The fund's long investment history makes it attractive to investors.

By investing consistently over a 20-year period, the investor benefited from compounding. Small investments can turn into substantial amounts over time, and this is the fund's specialty. Additionally, risk is balanced through a diversified portfolio within the fund.

Start SIP with Just ₹1000

A minimum amount of ₹1000 is sufficient to start investing in this fund. This allows even small investors to benefit from the fund. Currently, the NAV of the fund is ₹295.62. This fund is suitable for both large and small investors.

The current fund size of Canara Robeco Large and Mid Cap Fund is ₹25,550 crore. This fund has consistently delivered good returns over the past few years. For example, the fund has given returns of -0.18 percent in the last one month, 15.54 percent in the last six months, 3.99 percent in the last one year, 17.39 percent in the last three years, and 22.66 percent in the last five years.

Top Holdings and Long-Term Investment

The top holdings of Canara Robeco Large and Mid Cap Fund include companies such as ICICI Bank, Indian Hotels Company Limited, and Uno Minda. The stability and performance of these companies play a significant role in the fund's success.

The fund's focus is on making long-term investments secure and profitable. By investing in large and mid-sized companies, this fund provides a balanced portfolio. For investors, this fund has become a reliable option.

Protection in Market Volatility

The Indian stock market has seen fluctuations in recent days. The announcement of tariffs on India by the US President caused a sudden decline in the market. However, the market also saw a rise after Prime Minister Modi announced reforms in GST. Such fluctuations also affect mutual fund portfolios.

Canara Robeco Large and Mid Cap Fund has protected investors from market volatility by providing stable performance over a long period. This fund has maintained investor confidence and provided benefits through long-term returns.

Leave a comment