This ₹10,000 monthly SIP in ICICI Prudential Multicap Fund grew into ₹9 crore over 30 years! Discover the legendary mutual fund that made history with powerful returns, strong risk control, and a rock-solid portfolio.
From ₹10K to ₹9 Crore: The SIP That Made Investment History
Barely ₹10,000 per month—no high-flying stuff, but a simple SIP in a mutual fund. Now, fast forward 30 years, and that modest investment has ballooned to a fabulous ₹9.8 crore. Sounds like a dream? It’s a true-to-life success story, straight from the stable of ICICI Prudential Multicap Fund, one of India’s oldest and steadiest wealth creators.
What Makes This Fund Special?
Launched in October 1994, this is not your ordinary equity fund. It’s a multicap fund, so it invests across large-cap, mid-cap, and small-cap companies. This combination enables us to capture growth from rising stars, while also riding the stability of “blue chip” giants. It’s made for balance — and to last.
30 Years, Two Paths: SIP vs Lump Sum
Suppose, you had started a monthly SIP of ₹10,000 in this fund in 1994, your total investment of ₹36 lakh would be now valued at about ₹9.8 crore. Even a one-time investment of ₹1 lakh, would have multiplied almost 79 times to almost ₹79 lakh. That’s the wonder of long-term compounding with a high-performing fund.
Strong Returns with Smart Risk Management
This fund hasn’t just posted high returns — it’s done so intelligently. With an Alpha of 5. 37, it has well outperformed the benchmark. A Sharpe Ratio of 1.16, serves to indicate solid returns in relation to the risk profile. The 13.41 standard deviation keeps it in the “moderate risk” zone — perfect for long-term investors.
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A Portfolio Full of Titans
Some of the names in the fund’s portfolio are Reliance Industries, ICICI Bank, Infosys, HDFC Bank, and Axis Bank, among others. It invests in 104 firms in total, providing adequate diversification. More than 31% of the fund is invested in top-tier companies, giving it a strong and steady base.
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Ready to Build Your Crorepati Story?
This fund shows you what’s possible if you want to start your wealth journey. With time, some discipline, and a little bit of patience, ₹10,000 a month can change your financial future. It’s not a shortcut — but it is a tested way to serious financial freedom.
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Disclaimer: Investments are subject to market risks. Please consult your financial advisor before investing. This article is for informational purposes only and is not investment advice.