From SIP to Wealth: How ₹15,000 a Month Became ₹17+ Lakh in Just 6 Years?

For investors aiming to build long-term wealth, mutual funds offer a convenient and effective way to participate in the growth potential of equity markets. By pooling resources and investing across a diversified portfolio of stocks, mutual funds can help mitigate risk while targeting meaningful returns over time. Whether through disciplined monthly SIPs or lump sum investments, staying invested and maintaining a long-term perspective are often key to financial success.

One such example of this principle in action is the ITI Multi-Cap fund, which completed 6 years of performance as of May 2025. Launched in May 2019, the fund has rewarded consistent investors—a monthly SIP of ₹15,000 initiated at inception would now be worth ₹17.24 lakh. The ITI Multi Cap Fund, which follows a balanced allocation across large-cap, mid-cap, and small-cap stocks, has delivered a CAGR of 16.18% since inception.

Performance Snapshot (% Returns, Annualised)

Despite a challenging market environment in the past year, where the fund posted a -7.85% return against the benchmark’s -3.49% dip, long-term investors have still seen solid gains. For instance, a SIP of ₹15,000 initiated 12 months ago is currently valued at ₹1.78 lakh.

About ITI Multi Cap Funds

The ITI Multi Cap Fund is an open-ended equity scheme that maintains a diversified allocation across market capitalisations—50% in large-cap, 25% in mid-cap, and 25% in small-cap stocks—aligned with its benchmark. The fund's primary goal is to generate long-term capital appreciation through a balanced and diversified equity portfolio.

As of April 30, 2025, the fund manages ₹1,164.77 crore in assets under management (AUM). It is categorised as a "Very High Risk" scheme, making it more suitable for investors with a higher risk appetite and a long-term investment horizon.

Investors can choose between Direct and Regular plans under the Growth option. The Net Asset Value (NAV) of the Direct-Growth plan stood at ₹25.5717 as of May 15, 2025.

Also Read: ₹5,000 Monthly Investment? Here’s How It Can Become ₹25 Lakh 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.