Compounding: ₹1 lakh investment in this mutual fund would have swelled to over ₹4 crore in 29 years; check how
Live MintInvesting in a mutual fund consistently can yield good returns. If someone had invested ₹1 lakh in this scheme at the time of launch, it would have grown to a whopping ₹4.07 crore since the scheme has given a CAGR return of 22.81 per cent. 1 26.65% 1.26 lakh 3 25.87% 1.99 lakh 5 28.93% 3.56 lakh 10 17.75% 5.12 lakh Since inception 22.81% 4.07 crore SBI Consumption Opportunities Fund This scheme was launched on July 5, 1999. Tenure Return ₹ one lakh becomes 1 22.61% 1.22 lakh 3 22% 1.81 lakh 5 22.88% 2.80 lakh 10 16.04% 4.42 lakh Since inception 16.05% 44.60 lakh Tata Mid Cap Growth Fund This scheme was launched on June 29, 1995. Tenure Return ₹ one lakh becomes 1 15.82% 1.15 lakh 3 17.76 % 1.63 lakh 5 23.25% 2.84 lakh 10 15.78% 4.32 lakh Since inception 13.39% 46.18 lakh As the table above shows, this scheme has delivered a CAGR of between 13 per cent and 23 per cent in the past 30 years.