How a ₹1,000 monthly SIP in a hybrid fund grew to over ₹4 crore in 26 years
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ICICI Prudential Hybrid Fund: ₹1,000 Monthly SIP Yields ₹4 Crore in 26 Years
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CNBC TV18•12-03-2026, 07:04
ICICI Prudential Hybrid Fund: ₹1,000 Monthly SIP Yields ₹4 Crore in 26 Years
•ICICI Prudential Equity & Debt Fund's ₹1,000 monthly SIP grew to ₹4 crore in 26 years (Nov 1999 - Feb 2024), against a ₹31.6 lakh investment.
•A ₹1 lakh lump sum investment at inception yielded ₹40.7 lakh, reflecting a 15.11% Compound Annual Growth Rate (CAGR).
•The open-ended aggressive hybrid fund allocates 65-80% to equities and 20-35% to fixed income, dynamically adjusted based on market conditions.
•It combines top-down sector allocation with bottom-up stock selection, focusing on fundamentally strong companies and high-quality debt instruments.
•Sankaran Naren highlights the fund's role in long-term wealth creation with managed volatility, though past performance isn't indicative of future returns.
