Three decades of discipline turn small SIP into multi-crore wealth in Nippon scheme

A 2,000-rupee monthly SIP in Nippon India Growth Mid Cap Fund over 30 years grew into over 5 crore rupees, driven by compounding and a sustained 22.6 percent CAGR.

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9 days ago

Three decades of discipline turn small SIP into multi-crore wealth in Nippon scheme

Three decades of discipline turn small SIP into multi-crore wealth in Nippon scheme
Long term investing discipline has delivered extraordinary results for investors in the Nippon India Growth Mid Cap Fund, where a modest monthly investment created substantial wealth over time. A systematic investment plan of just 2,000 rupees per month, continued consistently for 30 years, translated into a total investment of only 7.2 lakh rupees. 
Companies:
  • Nippon India Mutual Fund