How investment of Rs. 29.4 lakhs has become Rs. 7.6 crs?

"A smooth sea never made a skilled sailor."
- Franklin D. Roosevelt

 
HDFC Equity Fund has launched 24 years ago on 1st January 1995. From an initial corpus (AUM) of ~ Rs. 52 crores in Jan’ 95, HDFC Equity Fund has grown from strength to strength and has an AUM of ~ Rs. 23,500 crores as on June 30, 2019.

The Fund has stood the test of time over the last 24 years in which the market witnessed series of domestic and global events such as Asian Currency Crisis, Kargil War, Dot Com Bubble, Global Financial Crisis and multiple state and central elections resulting in market volatility.

While such events and market volatility would have given cold feet to an ordinary equity investor, an investment through Systematic Investment Plan (SIP) would have helped those investors who would have continued with their SIP regardless of market volatility.

Below table gives investment summary of SIP of Rs. 10,000 per month since the inception of the fund:
SIP per MonthTotal InvestmentMarket Value as on 30thJune 2019CAGRInvestment has grownTime Taken
Rs. 10,000Rs. 29.40 LakhRs. 7.62 Cr21.78%26 times24 years,
6 months

The above is only an illustration. Returns are not assured


SIPs help eliminate the role of emotions from investing and ensure rupee cost averaging by buying more units at lower price and vice versa. For long term wealth creation, an investor should follow simple SIP mantra of:

"Start Early, Invest Regularly and Stay Invested."
Patience & Perseverance Pays.
Past performance may or may not be sustained in the future.
^Assuming Rs. 10,000 invested systematically on the first Business Day of every month over a period of time.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
#Copyright by #HDFC MF

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