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Seven Mutual Funds Turned ₹1 Lakh Into Up To ₹23.3 Lakh

Seven Mutual Funds Turned ₹1 Lakh Into Up To ₹23.3 Lakh
Invested ₹1 lakh 20 years ago? These 7 mutual funds could have made it worth up to ₹23.3 lakh. Check the full list · businesstoday.in

The report looked at seven mutual funds over a 20-year period.

It asked what might have happened if someone invested ₹1 lakh in these funds 20 years ago.

Nippon India Growth Mid Cap Fund produced the biggest increase, reaching about ₹23.3 lakh.

HDFC Flexi Cap Fund ranked second with 17.8 times wealth creation.

Four other funds also multiplied the investment by more than 13 times.

The funds belong to large-cap, mid-cap, and flexi-cap categories.

All seven funds grew investors’ money more than five times over 10 years.

Nippon India Growth Mid Cap Fund led the three-, five-, 10-, and 20-year periods, while Franklin India Mid Cap Fund led over 15 years.

These figures describe past performance and do not guarantee future returns.

Key facts

Top wealth creator
Nippon India Growth Mid Cap Fund
Highest 20-year multiplier
23.3 times
Highest 20-year CAGR
17.1%, delivered by Nippon India Growth Mid Cap Fund
Second-ranked fund
HDFC Flexi Cap Fund, with 17.8 times wealth creation and a 15.5% CAGR
Fund categories
Large cap, mid cap, and flexi cap
10-year consistency
All seven funds multiplied wealth by more than five times
15-year leader
Franklin India Mid Cap Fund
Top performer across three-, five-, 10-, and 20-year periods
Nippon India Growth Mid Cap Fund

Sources

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