Wealth creators: 12 equity mutual funds turn Rs 10,000 SIP to over Rs 10 crore since their inception
mutual funds
have turned Rs 10,000 monthly SIP to up to Rs 26 crore since their respective inception. There are around 288 equity mutual funds excluding sectoral and thematic funds.
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 26.20 crore with an XIRR of 22.74% since its inception.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Technology
Others
Data Science
Operations Management
MBA
MCA
Cybersecurity
Management
healthcare
Data Science
Finance
others
Digital Marketing
Leadership
Design Thinking
Healthcare
Product Management
CXO
Data Analytics
Project Management
Skills you'll gain:
Duration:
12 Weeks
MIT xPRO
CERT-MIT XPRO Building AI Prod India
Starts on
undefined
Get Details
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View
Details
»
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Personal Cooling Just Got Smarter — And It Doesn't Need Installation
Coldeez Cooling Ace
Undo
Also Read |
International mutual funds beat domestic funds with up to 10% returns in July. What should mutual fund investors do now?
Franklin India Mid Cap Fund
(Earlier known as Franklin India Prima Fund) turned the same SIP amount to Rs 23.17 crore with an XIRR of 20.38% since its inception in December 1993.
Live Events
Two funds from HDFC Mutual Fund - HDFC ELSS Tax saver (Earlier known as HDFC TaxSaver Fund) and HDFC Flexi Cap Fund (Earlier known as HDFC Equity Fund) - turned the SIP investment to Rs 21.68 crore and Rs 21.57 crore respectively since their respective inceptions. The funds were launched in March 1996 and January 1995 respectively
Franklin India Flexi Cap Fund (Earlier known as Franklin India Equity Fund) turned Rs 10,000 SIP to Rs 16.98 crore with an XIRR of 19.72% since its inception in September 1994.
SBI ELSS Tax Saver Fund
(Erstwhile known as SBI Long Term Equity Fund) turned the same SIP to Rs 14.95 crore with an XIRR of 18.02% since March 1993. Franklin India Large Cap Fund (Earlier known as Franklin India Bluechip Fund) turned the same SIP to Rs 13.79 crore with an XIRR of 18.02% since December 1993.
HDFC Value Fund, a value fund, launched in February 1994, turned the SIP amount to Rs 11.15 crore with an XIRR of 17.17%. The fund was earlier known as HDFC Capital Builder Value Fund.
Nippon India Vision Large & Mid Cap Fund, a large and mid cap fund, turned the SIP amount to Rs 11.09 crore with an XIRR of 18.52% since October 1995. The fund was earlier known as Nippon India Vision Fund.
ICICI Prudential Multicap Fund (Erstwhile known as ICICI Prudential Top 200 Fund) turned investors' SIP investment of Rs 10,000 to Rs 10.52 crore with an XIRR of 17.40%. The fund was launched in October 1994.
Also Read |
NFO Insight: Can this multi asset allocation fund help diversify your portfolio?
SBI Large & Midcap Fund (Earlier known as SBI Magnum Multiplier Fund) turned Rs 10,000 SIP to Rs 10.29 crore. Launched in February 1993, the fund has offered an XIRR of 16.40% since then.
Tata Mid Cap Fund was the last fund to turn SIP amount into crore. The fund was launched in July 1994 and turned Rs 10,000 SIP to Rs 10.07 crore with an XIRR of 18.23% and was earlier known as Tata Mid Cap Growth Fund.
The other 276 funds turned the same investment ranging between Rs 9,546 to Rs 9.06 crore since their respective inception date.
We considered all equity funds excluding sectoral and thematic funds. We considered regular and growth options. We calculated the SIP performance of all funds since their respective inception date.
Note, the above exercise is not a recommendation. The exercise was done to find which equity funds turned Rs 10,000 SIP to more than Rs 10 crore since their respective inception. One should not make investment or redemption decisions based on the above exercise
One should always consider risk appetite, investment horizon, and goals before making an investment decision.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
32 minutes ago
- New Indian Express
China's Ant Group to fully exit Paytm by selling 5.84% stake
China's Ant Group is all set to exit One 97 Communications, the parent company of Paytm, as it plans to sell its remaining 5.84% equity stake in the fintech firm through block deals on Tuesday. Sources said that the total value of the deal is pegged at Rs 3,800 crore. The floor price for the block deal has been fixed at Rs 1,020 per share, a 5.4% discount to Paytm's last closing price of Rs 1,078.20 on Monday on the NSE. The stake sale is likely to be executed as a clean-out trade, indicating a full exit of Antfin's specified stake in a single tranche. At the end of the June quarter, Antfin (Netherlands) Holding B.V. held a 5.84% stake, or 3.77 crore shares in the company, according to exchange data. Antfin has been reducing its stake in Paytm in recent quarters. This is the third significant stake sale by the Ant Group in One 97 Communications and is expected to lead to the full exit of the Chinese investor from the company. In May 2025 and August 2023, the Alibaba-owned company sold about a 14.3% stake of Paytm for about Rs 8,830 crore.
India Today
39 minutes ago
- India Today
Bengaluru techie earning Rs 26 LPA bags Rs 70 LPA offer, reveals how in viral post
A Bengaluru-based techie claimed he received an offer of Rs 70 LPA from a company while earning Rs 28 LPA. Yes, you read that right. Surprisingly, he said he had only switched two his journey in a now-viral post on X, Saurabh Yadav said he had no IIT background, no MBA, or any other fancy degree.'First job: Rs 26 LPA, second: Rs 28 LPA, third: Rs 70 LPA. No IIT, no MBA, just worked hard. What about you?' read the caption on his Yadav, who had previously worked at Flipkart, shared a detailed post about his remarkable salary hike, from Rs 26 LPA to Rs 70 LPA, which he achieved after just two job switches. His post soon went viral on social media, drawing attention for showing how consistent effort and strategic career moves can lead to significant growth, even without degrees from prestigious institutions like IITs or an had previously worked at a look at the post here:first job: 26LPAsecond: 28LPAthird: 70LPAno IIT. no MBA. just worked about you?— Saurabh (@saurabhyadavz) August 3, 2025The comments section was soon flooded with reactions. "Awesome, man," a user wrote, while another added, "Just saw you're from my college. Quite an inspiration."Several others congratulated Yadav on his achievement, calling his journey both motivating and the comments here:Some users also shared their experiences in the comments section. "First job: Rs 36LPA. Second: Rs 98LPA. No IIT, no MBA. Just worked hard," a user commented.- EndsTrending Reel
Time of India
41 minutes ago
- Time of India
IndiGo flight develops flat tyre at Jabalpur airport, takes off for Mumbai after four hours
A Mumbai-bound IndiGo aircraft developed a flat tyre in the apron of the Dumna airport in Jabalpur on Monday, delaying its take-off by more than four hours, an airport official said. Most of the passengers of the stranded flight were later flown to their destination via Bengaluru and Delhi after a replacement tyre was flown in from Delhi, he said. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program IndiGo spokesperson could not be contacted for comments. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Orthopedic Knee Surgeon: Suffering From Pain After Age 50? Do This Every Morning Wellnee Undo The IndiGo flight arrived at the Dumna airport from Mumbai at noon. One of the tyres of the aircraft deflated while it was parked in the apron after the passengers had alighted safely, Dumna Airport Director Rajeev Ratan Pandey told PTI over the phone. The IndiGo aircraft was to return to Mumbai at 12.40 pm, but it couldn't due to the tyre problem, he added. Live Events The delayed flight with some passengers onboard returned to Mumbai at 5.30 pm after the rear tyre was replaced, the director said.
