Crorepati Mutual Fund: A scheme of Tata Mutual Fund has made investors rich. Actually, Tata Equity PE Fund – Regular Plan has helped a small amount investor to create a big corpus in 20 years.
Crorepati Mutual Fund: The easiest way to invest in mutual funds (MF Investment) is Systematic Investment Plan (SIP). This is a long term investment process. It gives the benefit of compounding. There are many mutual fund schemes in the market, in which one can become a crorepati by investing through SIP. One such fund is Tata Equity PE Fund – Regular Plan. This fund created a corpus of more than Rs 1 crore by doing a monthly SIP of Rs 7000 for 20 years.
If someone had done a SIP of Rs 7000 every month from the time of launch in Tata Equity PE Fund – Regular Plan, then at a CAGR of 16.10 per cent, their corpus would have grown to Rs 1.64 crore, with a total investment amount of Rs 16 lakh in 20 years.
The scheme was launched in the year 2004
This scheme was launched in the year 2000. It has given a return of 18.49 per cent since its inception. In the last 10 years, this scheme has given a return of 13.87 per cent. As of January 26, 2025, the asset under management (AUM) of the fund is Rs 8,083.45 crore.
Where has the scheme invested?
This multibagger mutual fund scheme includes shares of major companies like HDFC Bank, Bharat Petroleum Corporation, Wipro, Radico Khaitan and Coal India. In this plan, till December 2024, 93.74 percent investment was in equity and 6.26 percent in cash and cash equivalent.
(Disclaimer: Mutual fund investment is subject to market risk. If you want to invest money in it, then first consult a certified investment advisor. businessleague.in will not be responsible for any kind of profit or loss of yours.)
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