Power of Rs 2,500 SIP: Top mutual funds that have converted Rs 2,500 monthly SIP into up to Rs 5,09,28,437 since their inception
Power of Rs 2,500 SIP: Investment when made consistently for a long time may do wonders. Small investment can help one build a gigantic corpus in they stay in their investments for long. In some of the equity funds, SIPs as small as Rs 2,500 have helped build over Rs 5 crore corpus since the fund's inception.
Power of Rs 2,500 SIP: Many people often delay their investment as they think that they have small amount to invest and it won't make any difference to their life or retirement corpus in the long term. But small investments that appear to be unimpressionable in the short duration can help an investor build a large corpus in the long run. Some mutual fund schemes that started over 2 decades ago have converted even a Rs 1,000 monthly SIP into many crores. It's because years of compounding has helped swell investor investments many folds. In this write-up, we take you through 5 such mutual fund schemes that have turned Rs 2,500 monthly SIP into up to Rs 5.10 crore since their inception.
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Nippon India Growth Fund (Mid Cap)
The fund has given 23.87 per cent annualised SIP returns (XIRR) since its inception in October 1995.
The fund has assets under management (AUM) of Rs 4,207.3471 crore, while its net assets value (NAV) is Rs 4,207.34.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 23.20 per cent annualised returns (CAGR) since its inception.
Nippon India Growth Fund (Mid Cap)
At an expense ratio of 1.59 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment.
The fund has 97.27 per cent of its investments in equity and 2.73 per cent in cash and cash equivalents.
Nippon India Growth Fund (Mid Cap)
In a portfolio of 96 stocks, the fund has PFC, Cholamandalam, Voltas, Persistent Systems, and The Federal Bank as the main investments.
A Rs 2,500 monthly SIP, or Rs 8,40,000 investment overall, has grown to Rs 5,65,10,224 in the 29-year period.
Franklin India Prima Fund (Mid Cap)
The fund has given 21.56 per cent annualised SIP returns since its inception in December 1993.
The fund has AUM of Rs 12,746 crore, while its NAV is Rs 2,812.6964.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.08 per cent annualised returns (CAGR) since its debut.
Franklin India Prima Fund (Mid Cap)
At an expense ratio of 1.76 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 lump sum investment.
The fund has 97.55 per cent of its investments in equity and 2.45 per cent in cash and cash equivalents.
Franklin India Prima Fund (Mid Cap)
In a portfolio of 74 stocks, the fund has The Federal Bank, Mphasis, Deepak Nitrite, Crompton Greaves, and Cummins India as the main investments.
A Rs 2,500 monthly SIP, or Rs 9,00,000 investment overall, has grown to Rs 5,39,76,479 in the 30-year period.
HDFC Flexi Cap Fund
The fund has given 21.96 per cent annualised SIP returns since its inception in January 1995.
The fund has AUM of Rs 4,207.3471 crore, while its NAV is Rs 1,922.7940.
Benchmarked against NIFTY 500 TRI, the fund has given 19.35 per cent annualised returns (CAGR) since its inception.
HDFC Flexi Cap Fund
At an expense ratio of 1.45 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment.
The fund has 86.49 per cent of its investments in equity, 9.09 per cent in cash and cash equivalents, and 3.78 per cent in real estate.
HDFC Flexi Cap Fund
In a portfolio of 45 stocks, the fund has ICICI Bank, HDFC Bank, Axis Bank, Cipla, and HCL Tech as the main investments.
A Rs 2,500 monthly SIP, or Rs 8,70,000 investment overall, has grown to Rs 4,80,70,038 in the 29-year period.
Franklin India Flexi Cap Fund
The fund has given 20.88 per cent annualised SIP returns since its inception in September 1994.
The fund has AUM of Rs 17,843 crore, while its NAV is Rs 1,678.5211.
Franklin India Flexi Cap Fund
Benchmarked against NIFTY 500 TRI, the fund has given 18.63 per cent annualised returns (CAGR) since its beginning.
At an expense ratio of 1.71 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
The fund has 96.11 per cent of its investments in equity and 3.75 per cent in cash and cash equivalents.
Franklin India Flexi Cap Fund
In its 54-stock portfolio, the fund has ICICI Bank, HDFC Bank, Infosys, Bharti Airtel, and Larsen & Toubro as its main holdings.
A Rs 2,500 monthly SIP, or Rs 8,70,000 investment overall, has grown to Rs 3,87,95,390 in the 29-year period.
Aditya Birla MNC Fund
The fund has given 19.49 per cent annualised SIP returns since its inception in October 1995.
The fund has AUM of Rs 4,055 crore, while its NAV is Rs 1,445.9800.
Benchmarked against NIFTY MNC TRI, the fund has given 17.76 per cent annualised returns (CAGR) since its launch in April 1994.
Aditya Birla MNC Fund
At an expense ratio of 1.98 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
The fund has 99.43 per cent of its investments in equity and 0.57 per cent in cash and cash equivalents.
Aditya Birla MNC Fund
In a 64-stock portfolio, the fund has Maruti Suzuki, Bayer Cropscience, Cummins India, Honeywell Automat, and Fortis Healthcare as the main investments.
A Rs 2,500 monthly SIP, or Rs 9,00,000 investment overall, has grown to Rs 3,52,70,099 in the 30-year period.