This 24-year-old mutual fund has on an average doubled money every 3 year

An open-ended dynamic equity fund that invests in large-, mid-, and small-cap stocks is Aditya Birla Sun Life Flexi Cap Fund.

The fund was established on August 27, 1998, and it has now been operational for around 24 years.  

Aditya Birla Sun Life Flexi Cap Fund Regular-Growth had assets under management (AUM) at ₹15651.66 Cr, and as of August 22, 2022, the fund's NAV was ₹1,099.82. 

Aditya Birla Sun Life Flexi Cap Fund's has generated average annual returns of 21.63%. Since the fund has been operating for 24 years, its 21.63%.

Aditya Birla Sun Life Flexi Cap Fund's has generated return helped an initial investment of ₹1 lakh to grow to ₹1.08 crores.  

A monthly SIP of ₹10,000 initiated three years ago would now be worth ₹4.68 Lakh due to the fund's 17.90% gains over the previous three years. 

A monthly SIP of ₹10,000 initiated three years ago would now be worth ₹4.68 Lakh due to the fund's 17.90% gains over the previous three years. 

Since the fund has produced 14.57% over the past ten years, a monthly SIP of ₹10,000 would now be worth ₹25.7 Lakh.  

In domestic equities, the fund has a 97.27% investment, of which 74.57% are large-cap companies, 13.02% are mid-cap stocks, and 9.69% are small-cap stocks.