SIP Tips: Delivering 18.5% returns for 5 years; a ₹10,000 SIP grew into ₹1 crore..
Even though the stock market may experience significant volatility, equity mutual fund schemes largely remain insulated from it. Investing in SIPs over the long term yields superior returns. Investors opting for lump-sum investments also stand to gain substantial returns from such equity schemes. If you are looking for similar options, five equity schemes from ICICI Prudential could prove to be excellent choices. These schemes have delivered annual returns of up to 18.5% over the past 15 years.
When it comes to equity investments, ICICI Prudential Mutual Fund is a prominent name in the sector. Investors who stayed invested despite market fluctuations have benefited from this. The ICICI Prudential Midcap Fund has an AUM (Assets Under Management) of ₹7,789 crore. This scheme invests in mid-sized companies that possess the potential to become future market leaders. According to SEBI classification, mid-cap companies are those ranked between 101st and 250th in terms of market capitalization.
Returns from SIPs of ₹5,000 and ₹10,000
The ICICI Prudential Midcap Fund has delivered a return of 18.50% per annum over 15 years. This means that if someone had started an SIP of ₹5,000, their investment would have grown to ₹48.41 lakh. The total amount invested during this period was just ₹9 lakh, while the returns amounted to approximately ₹39 lakh. Similarly, for someone who started an SIP of ₹10,000, the total value grew to ₹96.83 lakh over 15 years, despite an investment of only ₹18 lakh.
This scheme delivered returns exceeding 16%
With an AUM of ₹58,954 crore, the ICICI Prudential Value Fund follows the 'value investing' approach. It seeks investment opportunities in companies that appear undervalued relative to their intrinsic value. The strategy aims to identify businesses with strong fundamentals that the market may have temporarily overlooked. This fund has delivered a CAGR return of 16.44% over 15 years. This means that a monthly SIP of ₹5,000 grew to approximately ₹39.14 lakh over 15 years, while a monthly SIP of ₹10,000 accumulated to around ₹78.28 lakh.
₹36 lakh generated from a ₹5,000 SIP
With an AUM of ₹17,675.80 crore, the ICICI Prudential Multicap Fund invests in large-cap, mid-cap, and small-cap companies, offering investors the opportunity to invest across multiple segments of the equity market simultaneously. The fund has delivered a CAGR return of 15.65% over 15 years. During this period, a monthly SIP of ₹5,000 grew to ₹36.12 lakh, and a monthly SIP of ₹10,000 grew to ₹72.25 lakh.
Large & Mid Cap Fund also generated wealth.
With an AUM of ₹30,147 crore, the ICICI Prudential Large & Mid Cap Fund invests in a mix of established large-cap companies and emerging mid-cap businesses. This fund has delivered a CAGR return of 15.36% over 15 years. Over these 15 years, a monthly SIP of ₹5,000 grew to ₹35.08 lakh, while a monthly SIP of ₹10,000 accumulated to approximately ₹70.17 lakh.
Focused Equity Fund yields good returns.
The ICICI Prudential Focused Equity Fund has an AUM of ₹16,147 crore. It maintains a concentrated portfolio of high-conviction ideas across various sectors and market capitalizations. It has delivered a CAGR return of approximately 15% over 15 years. A monthly SIP of ₹5,000 has grown to ₹32.81 lakh, and a monthly SIP of ₹10,000 has grown to approximately ₹65.62 lakh over the same period.
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