Archive · 26 Aug 2026
Seven Mutual Funds Turned ₹1 Lakh Into Up To ₹23.3 Lakh
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.
Nippon India Growth Mid Cap Fund delivered the highest 20-year return, multiplying ₹1 lakh by 23.3 times to about ₹23.3 lakh.
HDFC Flexi Cap Fund ranked second, creating 17.8 times wealth with a 15.5% CAGR over 20 years.
Franklin India Mid Cap Fund and Franklin India Flexi Cap Fund multiplied wealth by 17.6 and 15.7 times, respectively.
Aditya Birla Sun Life Flexi Cap Fund, Aditya Birla Sun Life Large Cap Fund, and HDFC Large Cap Fund also delivered more than 13 times wealth creation.
All seven funds multiplied investors’ wealth by more than 10 times over 15 years and more than five times over 10 years.
- Who
- The report covers investors and seven mutual funds from Nippon India, HDFC, Franklin Templeton, and Aditya Birla Sun Life.
- What
- It compares the long-term wealth creation and compound annual growth rates of seven mutual funds.
- When
- The performance periods cover three, five, 10, 15, and 20 years, with the main comparison covering 20 years.
- Where
- The funds are mutual funds in the Indian investment market.
- Why
- The comparison highlights funds that delivered strong long-term returns and consistently multiplied investors’ wealth.
- 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