These 12 equity mutual funds turned a Rs 10,000 SIP into over Rs 11 crore
Around 12 equity mutual funds turned a Rs 10,000 monthly SIP into over Rs 11 crore since inception, an ETMutualFunds analysis showed. The analysis covered around 305 equity funds, excluding sectoral and thematic funds. Of these, 110 funds turned the SIP into over Rs 11 crore, with the highest corpus reaching Rs 30 crore. (Source: ACE MF)
Nippon India Growth Mid Cap Fund (Earlier known as Nippon India Growth Fund) launched in October 1995, turned the Rs 10,000 monthly SIP to Rs 29.32 crore with an XIRR of 22.22% since its inception.
Franklin India Mid Cap Fund (Earlier known as Franklin India Prima Fund) turned the same monthly SIP amount to Rs 24.04 crore with an XIRR of 19.73% since its inception in December 1993.
Franklin India Flexi Cap Fund (Earlier known as Franklin India Equity Fund) turned Rs 10,000 SIP to Rs 16.88 crore with an XIRR of 18.81% since its inception in September 1994.
Franklin India Large Cap Fund (Earlier known as Franklin India Bluechip Fund) turned the same SIP to Rs 13.82 crore with an XIRR of 17.29% since December 1993.
Original Headline
These 12 equity mutual funds turned a Rs 10,000 SIP into over Rs 11 crore