SIP: Since its inception in May 2008, ICICI Prudential Bluechip Fund has delivered consistent and appealing returns to its investors. This large cap strategy has emerged as a leading option in the market because of its robust performance and investor trust. The fund has provided an annual return of 15.92% since its inception, proving advantageous for long-term investors. If an investor had invested ₹12,000 monthly in this fund since the scheme started, their total investment would have reached ₹23.64 lakh by now. This investment would have increased to ₹1.05 crore now. This performance demonstrates the effective management and stability of this system.
From ₹12,000 SIP to ₹1 Cr fund
If an investor had contributed ₹12,000 each month to this scheme for one year, his total amount would have increased to ₹1.58 lakh from an investment of ₹1.44 lakh. In the same way, investing ₹4.32 lakh for 3 years would have increased to ₹6.07 lakh. When discussing long-term investments, allocating ₹12,000 each month for 5 years raised the cumulative investment from ₹7.2 lakh to ₹12.77 lakh. In the same way, putting in ₹12,000 each month for 10 years grew the total investment from ₹14.40 lakh to ₹34.17 lakh. This information indicates that consistent investing over an extended timeframe provides investors with significant capital appreciation.
ICICI Prudential Bluechip Fund represents an excellent option for investors because of its methodical investment strategy, emphasis on large, stable firms, and effective management. This plan is ideal for investors seeking capital growth and consistent returns in the long run.
Before making investments, investors need to evaluate their financial objectives and tolerance for risk. This fund provides a chance to invest via a Systematic Investment Plan (SIP), which assists in building a substantial corpus through modest investments.
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