Mutual funds have gained favor among investors for their impressive returns.
While small-cap investments are seen as risky, there’s a success story worth noting.
The Nippon India Small Cap Fund – Regular Plan has stood out by delivering strong returns and growing investors’ money.
Nippon India Small Cap Fund – Regular Plan Highlights
Managed by Nippon India Mutual Fund, the Nippon India Small Cap Fund – Regular Plan is a noteworthy Small Cap mutual fund scheme.
Over the past three and six months, this Small-cap Mutual Fund SIP plan has yielded returns of 19.05% and 26.20% respectively.
Data from Value Research reveals an impressive track record: returns of 33.93% in one year, 44.84% in three years, and 21.82%, 22.28%, and 29.62% over five, seven, and ten years.
Launched on September 16, 2019, the fund follows the Nifty SmallCap 250 Total Return Index and has generated a return of 20.89% since inception.
Potential of Mutual Fund Investments
Utilizing the Mutual Fund SIP calculator, it’s evident that a consistent monthly SIP of ₹10,000 in Nippon India Small Cap Fund over a decade can pave the way to millionaire status.
With an annual return of 25.96% over ten years, this approach could turn ₹10,000 monthly SIP into a significant ₹57,53,702.
Notably, retail investors’ mutual fund holdings saw a year-on-year growth of 20.5%, reaching nearly ₹25 lakh crore, according to industry data.
