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Consumption Mutual Fund Transforms ₹10,000 Monthly SIP into ₹62.9 Lakh Over 15 Years
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Consumption Fund Turns ₹10,000 SIP into ₹63 Lakh in 15 Years
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CNBC TV18
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01-04-2026, 12:09
Consumption Fund Turns ₹10,000 SIP into ₹63 Lakh in 15 Years
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A consumption mutual fund converted a ₹10,000 monthly SIP into nearly ₹63 lakh over 15 years.
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Mirae Asset Great Consumer Fund, launched in March 2011, delivered an SIP return of approximately 15.4% since inception.
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A total investment of ₹17.9 lakh via monthly SIPs grew to ₹62.91 lakh by February 27, 2026.
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The fund invests in companies linked to domestic consumption, including consumer durables, automobiles, retail, telecom, and FMCG.
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Investors are advised to assess risk appetite and diversify across fund categories due to the concentrated nature of thematic funds.
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