This Mutual Fund turned Rs 10,000 SIP into Rs 6 Crore in 31 Years

Investing ₹10,000 monthly in this Mutual Fund which is known as Canara Robeco Equity Hybrid Fund (Direct Plan) can yield substantial returns over a long period. With an annualized return of 15.8%, a monthly SIP of ₹10,000 can grow to approximately ₹6 crore in 31 years. The fund focuses on a mix of equity and debt, aiming to provide balanced growth and income.

The fund’s diversified portfolio includes top holdings like HDFC Bank, ICICI Bank, and Infosys. It aims to capture opportunities across market caps while maintaining a balance between risk and return.

Investors should consider their long-term financial goals and risk tolerance when choosing this fund. Regular investments and a long-term horizon are key to achieving significant growth.