Mutual fund calculator: Monthly SIP of ₹10,000 turns ₹1.82 Cr in 20 years

Mutual funds are constructed to make full use of the force of compounding, and if an investor stays involved for as long as possible 

One Example of MF - Aditya Birla Sun Life Frontline Equity Fund Return

The fund began operations on August 30, 2002, and it has already been in operation for 20 years. 

Since its inception, it has generated returns of 19.25% on average annually, and every three years the invested capital has doubled. 

Since the fund has produced an annualised SIP return of 13.35% over the past ten years, a monthly SIP of ₹10,000 

Ten years ago would currently have grown to around ₹24.06 lakh.   

A monthly SIP of ₹10,000 in this fund 5 years ago grown to ₹8.61 Lakh during the past 5 years with 14.45% return.

The fund's annualised return over the past two years has been 24.66% stronger than the category average of 22.72%, and over the past year 

As of June 30, 2022, Aditya Birla Sun Life Frontline Equity Fund-Growth had assets under management (AUM) at ₹21534.38 crores 

The fund has investments in the financial, technology, energy, consumer goods, and automotive industries. 

The fund's NAV was ₹343.7. The fund's expense ratio of 1.75% is higher than the majority of other funds in the same category.