HDFC Large Cap Fund turns Rs 10,000 monthly SIP to over Rs 8 crore in 30 years

HDFC Large Cap Fund has turned a monthly investment of Rs 10,000 into nearly Rs 8.46 crore over a 30-year period, according to a press release by the fund house. If a lump-sum investment of Rs 1 lakh had been made at the fund's inception in 1996, it would have grown to approximately Rs 1.30 crore by September 30, 2026. The fund, which has delivered a CAGR of 17.62%, has navigated various market cycles, including the Asian financial crisis, dot-com bust, 2008 global financial crisis, and the 2020 pandemic sell-off.

Managed by Rahul Baijal and Bhagyesh Kagalkar, the fund invests mainly in large-cap companies with a focus on long-term capital appreciation and income. As of September 30, 2026, the portfolio was diversified across sectors such as banking, telecommunications, consumer durables, petroleum products, and pharmaceuticals. Navneet Munot, Managing Director and Chief Executive Officer of HDFC AMC, expressed gratitude to investors and partners for the fund's 30-year journey, noting that many large caps are currently trading at reasonable valuations.