This mutual fund has turned ₹10,000 monthly SIP into ₹6 crore over 33 years

Canara Robeco Equity Hybrid Fund grew ₹10,000 monthly SIPs to ₹6.20 crore since 1993, managed by Ennette Fernandes, Shridatta Bhandwaldar, Suman Prasad, and Avnish Jain. By Anshul Investors who put in ₹10,000 every month since the inception of Canara Robeco Equity Hybrid Fund on February 1, 1993, would have accumulated ₹6.20 crore by December 31, 2025, on a total investment of ₹39.5 lakh, delivering an XIRR of 13.61%. A one-time investment of ₹10,000 at inception would have grown to ₹3.68 lakh over the same period, the fund house said. The open-ended hybrid fund, which allocates 65–80% to equities and equity-related instruments and 20–35% to debt and money market securities, aims to generate long-term capital appreciation and income. It may also invest up to 10% in InvITs. As of December 31, 2025, the fund’s assets under management (AUM) stood at ₹11,393.38 crore. Recent performance shows a 1-year CAGR of 6.55%, a 3-year CAGR of 13.78%, and a 5-year CAGR of 12.89% for the Regular Plan – Growth Option, compared with 8.62%, 13.18%, and 12.72% of its benchmark, the CRISIL Hybrid 35+65 – Aggressive Index. Since inception, the scheme has delivered a CAGR of 11.58% versus 12.66% for the BSE SENSEX TRI. The fund is managed by Ennette Fernandes and Shridatta Bhandwaldar (Equities), along with Suman Prasad and Avnish Jain (Fixed Income). The scheme follows a balanced investment framework with a mix of growth-oriented equity and debt instruments to manage risk across market cycles. Industry data shows that the Aggressive Hybrid Fund category had an AUM of ₹2,53,233 crore across 61.3 lakh folios as of December 2025, growing 60% over the past three years, indicating rising investor interest in hybrid strategies. ALSO READ | JioBlackRock launches digital platform for personalised investment advice in India