These 3 large & mid cap funds doubled SIP money in 6 years

Summary: Rs 10,000 a month, 6 years of discipline and more than Rs 14 lakh in hand. That’s the quiet power of compounding when large & mid cap funds strike the right balance between stability and growth. In this story, we spotlight three funds that managed to double investors’ SIPs in just six years and the stocks driving those returns. If you’ve been faithful to your SIPs, you know the quiet joy of watching your money grow. But what if your Rs 10,000 monthly SIP not only grew steadily but doubled in just six years? That’s exactly what a handful of large & mid cap funds managed to do. Large & mid cap funds are a sweet spot for many investors. By rule, they put at least 35 per cent of their money into large caps and another 35 per cent into mid caps. That gives them the best of both worlds—stability of large companies and the growth kicker of mid-sized firms. And when the right blend clicks, the results can surprise even seasoned market watchers. We look at three such funds that turned a total investment of Rs 7.2 lakh (Rs 10,000 every month for 72 months) into over Rs 14.4 lakh, effectively doubling investors’ money. #3 ICICI Prudential Large & Mid Cap Fund (Direct plan) 6-year SIP return: 24.01 per cent Rs 10,000/month SIP started 6 years back: Current value: Rs 14.83 lakh Assets under management (AUM): Rs 23,698 crore Expense ratio: 0.77 per cent Top 5 stock holdings Stock % of assets Axis Bank 5.3 Maruti Suzuki 4.9 FSN E-Commerce (Nykaa) 3.94 SBI Cards 3.93 Larsen & Toubro 3.16 #2 Invesco India Large &