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SBI Mutual Fund In 1993, if an investor had jumped into confidence and had invested Rs 1 lakh in SBI Large & Midcap Fund, then perhaps they would not have imagined that there would be such a big change in their investment.

Minor amount increased to Rs 54.84 lakh

By February 27, 2025, it would have increased to Rs 54.84 lakhs – which is a proof of the strength of long -term investment and compound returns. Apart from this, a systematic investment plan (SIP) in this mutual fund would have made the investor a millionaire.

SBI Large and Midcap Fund – SBI Large & Midcap Fund

SBI Large and Midcap Fund, an open-end equity scheme that invests in both big and midcap has completed a 32-year milestone. The scheme has given 13.33% returns from the beginning (February 28, 1993) so far.

A lump sum investment of Rs 1 lakh became Rs 54.84 lakh

If someone had invested a lump sum of Rs 1 lakh in it at the launch of this scheme, then by February 27, 2025, the price of this investment would have been Rs 54.84 lakh, ”SBI Mutual Fund said in a statement on Monday.

Getting strong returns since launch

Since its launch on 28 February 1993, this fund has given an impressive return of 13.33% CAGR. Even in the last five years, it has managed to produce 19.15% CAGR, which reflects its flexibility in market cycles.

Return of Rs 6.75 crore on SIP investment

This award has been even more surprising for investors who followed the Systematic Investment Plan (SIP). SBI said in the statement that from the beginning, Rs 10,000 monthly SIP (investment of total Rs 36.2 lakh) is more than Rs 6.75 crore today. This has provided 15.17 percent compound annual growth rate (CAGR).