SIP Calculator: ₹10,000 Monthly SIP Turns ₹1.97 Crore In 21 Years in this Canara Robeco Large & Mid Cap Fund

Canara Robeco Large and Mid Cap Fund is an open-ended mutual fund that invests in both large-cap and mid-cap companies. The fund has completed 21 years since its launch in March 2005.

As of February 28, 2026, the fund manages assets worth around ₹24,730 crore.

Long-Term Performance

Since its launch, the fund has delivered a return of about 16.46% annually. This is higher than its benchmark, which gave around 14.04% returns during the same period.

SIP Investment Growth

A monthly SIP of ₹10,000 in this fund since inception would have created significant wealth:

• Total investment: ₹25.2 lakh
• Current value: ₹1.97 crore
• Returns (XIRR): ~16.89%

This shows the power of long-term investing and compounding.

Lump Sum Investment Returns

If an investor had invested ₹10,000 as a one-time investment at the start:

• It would have grown to around ₹2.44 lakh
• Compared to about ₹1.57 lakh from the benchmark

Recent Performance Snapshot

In recent years, the fund has delivered steady returns:

• 1-year return: ~12.64%
• 3-year return: ~16.23%
• 5-year return: ~13.73%

While the benchmark performed slightly better in the short term, the fund has shown strong consistency over the long term.

Read More:SIP Calculator: How ₹25,000 SIP Beats ₹50,000; Why Longer Tenure Matters More Than Larger Amounts! 

Investment Objective

The main goal of the fund is to generate capital growth by investing in a mix of large and mid-sized companies across sectors.

Conclusion

This fund highlights how disciplined SIP investing over a long period can build substantial wealth. Despite short-term fluctuations, staying invested for the long term can deliver strong returns through compounding.

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 or 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. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.