Crorepati Mutual Fund: Many people are investing in mutual funds instead of investing directly in the stock market. It is possible to become a crorepati through SIP in mutual funds, but for this discipline, patience and the right strategy are necessary. One such fund is the Canara Robeco Emerging Equities Fund. This scheme has made SIP investors of just 10 thousand crorepatis.

Canara Robeco Emerging Equities Fund has made a SIP of just Rs 10,000 per month into Rs 1.9 crore in 20 years. If the investor had invested Rs 10,000 monthly in this scheme for 10 years, then today his money would have increased to Rs 28.47 lakh.

The scheme was started in March 2005

It comes under the category of large and mid-cap equity funds. This fund was started on March 11, 2005. It uses the strategy of bottom-up stock investing. This fund invests in stocks of such midcap companies which have the potential to become future leaders.

Where has the scheme invested?
This mutual fund scheme includes shares of major companies like ICICI Bank, Indian Hotels, and Bharat Electronics. As of January 31, 2025, the AYM of this fund was Rs 23,339 crore. The CAGR return of the scheme's regular plan growth option for the last 5 years, 10 years, and 20 years has been 19.05 percent, 16.47 percent, and 18.01 percent respectively. Currently, largecap shares have a 47 percent share, midcap shares have a 35 percent share and smallcap shares have a 16 percent share in the portfolio of this scheme.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.