Mutual fund SIP: This fund has invested about 97% of its investment in equity. There was 2.95 percent investment in cash and cash equivalent. It has invested in shares of blue chip companies like ICICI Bank, Axis Bank, HDFC Bank, Reliance Industries and M&M.
Long term investment in equity scheme of mutual fund through SIP can make you a millionaire. Franklin India Bluechip Fund is an example of this. Investing Rs 10,000 every month in this scheme for 31 years became Rs 13.64 crore. This is an annual return of 18.5 percent. During this period, a total investment of Rs 37.2 lakh was made. This information is based on data from Value Research.
One of the oldest large-cap equity funds
Franklin India Bluechip Fund is one of the oldest large-cap mutual fund schemes in India. This scheme invests 80 percent of its investment in large-cap stocks. The net asset value (NAV) of this fund was Rs 1,016.58 as on December 5, 2025. Its asset under management (AUM) was Rs 7,789 crore. On the riskometer, this fund is included in the ‘very high’ risk category. Its expense ratio is 1.84 percent.
More investment in these blue chip companies
This fund has invested about 97 percent of its investment in equity. There was 2.95 percent investment in cash and cash equivalent. It has invested in shares of blue chip companies like ICICI Bank, Axis Bank, HDFC Bank, Reliance Industries and M&M. This indicates that the focus of this fund is on large cap stocks.
Great returns in different timeframes
This fund has given good returns in different timeframes. Its return in the last one year has been 25.66 percent. Its annual return in three years has been 13.07 and in five years 16.45 percent. In seven years it has been 12.45 and in 10 years it has been 11.35 percent. Investors can invest in Franklin India Bluechip Fund directly through the website of Franklin Templeton Mutual Fund.
Do not decide to invest by looking at past performance
Experts say that investors should not decide to invest in a fund by looking at its past performance. The past performance of a fund cannot guarantee its returns in the future. Therefore, before investing, they should take the advice of their financial advisors. There are many such equity funds, which have made investors millionaires on investing through SIP for a long period.
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