Long-Term SIP Investors Saw Strong Wealth Creation in Mirae Asset Large & Midcap Fund, According to Fund House Data

Systematic Investment Plans (SIPs) continue to demonstrate the potential of disciplined, long-term investing in equity mutual funds. According to the latest performance data released by Mirae Asset Mutual Fund, investors who consistently invested ₹10,000 every month in the Mirae Asset Large & Midcap Fund since its launch accumulated a corpus of nearly ₹97 lakh by May 31, 2026.

The figures highlight how regular investing and the power of compounding can help build significant wealth over an extended investment horizon. However, fund houses and financial advisors also remind investors that past performance does not guarantee future returns.

Here's a closer look at the fund's performance.

₹19 Lakh Invested Through SIP Became Nearly ₹97 Lakh

According to the fund house, an investor contributing ₹10,000 per month through a SIP over approximately 16 years would have invested a total of around ₹19 lakh.

As of May 31, 2026, that investment had grown to approximately ₹96.9 lakh.

Based on the fund house's calculations, the SIP delivered an Extended Internal Rate of Return (XIRR) of about 18.44% during the investment period.

The performance illustrates the impact of staying invested consistently over the long term despite market fluctuations.

Lump Sum Investment Also Delivered Strong Growth

The fund also reported notable returns for investors who opted for a one-time investment.

According to the available data:

• A ₹10,000 lump sum investment made on July 9, 2010, in the fund's Regular Plan – Growth Option would have grown to approximately ₹1,50,690.

• The same amount invested in the scheme's benchmark over the corresponding period would have grown to around ₹76,908, according to the fund house's comparison.

These figures reflect the historical performance reported by the asset management company.

Outperformed Benchmark Over the Long Term

Over the past 15 years, the fund has outperformed its benchmark indices, according to performance data released by the fund house.

The reported returns include:

While these numbers highlight the fund's historical performance, future returns may differ depending on market conditions.

Investment Strategy of the Fund

The Mirae Asset Large & Midcap Fund is an open-ended equity mutual fund that primarily invests in a diversified portfolio of large-cap and mid-cap companies listed in India.

This investment strategy seeks to combine the relative stability of established large-cap companies with the higher growth potential often associated with mid-cap businesses.

The balance between these two market segments aims to provide long-term capital appreciation while managing portfolio diversification.

Assets Under Management

As of May 31, 2026, the fund managed assets worth approximately ₹42,792.20 crore, according to the asset management company.

The scheme has been managed by Nilesh Surana since its inception, with Ankit Jain serving as Co-Fund Manager since January 2019.

Fund management experience and investment strategy play an important role in the long-term performance of actively managed mutual funds.

Why SIP Investing Works

Financial planners often recommend SIPs because they encourage disciplined investing regardless of market conditions.

Some key advantages include:

• Regular monthly investing.

• Benefit of rupee cost averaging.

• Potential for long-term wealth creation through compounding.

• Reduced impact of short-term market volatility compared with timing lump-sum investments.

Consistent investing over long periods has historically helped investors navigate market cycles more effectively.

Investors Should Keep Market Risks in Mind

Although the fund has delivered strong historical returns, mutual fund investments remain subject to market risks.

Equity market performance can fluctuate due to economic conditions, corporate earnings, interest rates, and global events. Past performance should not be interpreted as an assurance of future returns.

Before investing, individuals should evaluate:

• Their financial goals.

• Investment horizon.

• Risk tolerance.

• Asset allocation strategy.

Consulting a qualified financial advisor can also help investors select schemes aligned with their long-term objectives.

Disclaimer: Mutual fund investments are subject to market risks. The performance figures mentioned above are based on data reported by the fund house as of May 31, 2026, and represent historical returns. Past performance does not guarantee future results. Investors should read all scheme-related documents carefully and consult a qualified financial advisor before making any investment decisions.