Rs 10,000 Monthly SIP In This Mutual Fund In 2007 Becomes Rs 1 Crore In 17 Years!

Investing in mutual funds through a systematic investment plan (SIP) is often hailed as one of the most effective ways to build long-term wealth. But what if you had started early and stayed consistent?

For instance, if you had invested Rs 10,000 per month in Invesco India Contra Fund Growth at its launch in 2007, your investment would have grown to a staggering Rs 1 crore today! This remarkable journey highlights the power of compounding, market growth, and disciplined investing.

Let us dive into how this fund achieved such impressive returns and what investors can learn from its performance.

About Invesco India Contra Fund Growth

The Invesco India Contra Fund Growth follows a contrarian investment approach, meaning it focuses on fundamentally strong companies that are available at attractive valuations, are undervalued, or are in a turnaround phase. This strategy allows the fund to identify opportunities that may be overlooked by the broader market, ultimately leading to potentially higher returns.

As of now, the fund has 97.54 per cent investment in domestic equities, distributed as follows:

• Large Cap stocks: 39.26 per cent
• Mid Cap stocks: 17.76 per cent
• Small Cap stocks: 8.84 per cent

Whereas, the remaining portion of 2.5 per cent is invested in cash.

Who Should Invest?

This fund is ideal for investors with advanced knowledge of macro trends who are willing to take selective bets for higher returns compared to other equity funds. However, due to its contrarian approach, investors must be prepared for moderate to high losses, even in cases where the overall market is performing well. This makes it suitable for those with a high-risk tolerance and a long-term investment horizon.

Key Fund Details (as of March 13, 2025)

Net Asset Value (NAV): Rs 117.08

Fund House: Invesco Mutual Fund

Expense Ratio: 1.66 per cent

Minimum SIP Amount: Rs 100

Minimum Lumpsum Investment: Rs 1,000

Fund Managers:

Taher Badshah (Jan 2017 - Present)

Amit Ganatra (Dec 2023 - Present)

Performance Analysis: SIP Returns Over Time

According to the Invesco Mutual Fund website, here's how a Rs 10,000 monthly SIP investment would have performed as of February 28, 2025 across different timeframes:

Period	Invested amount	Fund market value	Fund SIP returns XIRR
1 year	Rs 1,20,000	Rs 1,10,260	-0.1484 per cent
3 years	Rs 3,60,000	Rs 4,50,275	0.1512 per cent
5 years	Rs 6,00,000	Rs 9,35,809	0.1784 per cent
7 years	Rs 8,40,000	Rs 15,26,854	0.1678 per cent
10 years	Rs 12,00,000	Rs 27,39,522	0.1576 per cent
Since inception	Rs 21,50,000	Rs 1,07,82,034	0.1598 per cent

The Invesco India Contra Fund Growth has demonstrated impressive long-term performance, proving that consistent investing and patience can lead to substantial wealth creation. While past performance is no guarantee of future returns, this fund remains a strong choice for investors looking to capitalize on undervalued opportunities with a long-term perspective.