Around 12 equity mutual funds turned a Rs 10,000 monthly SIP into over Rs 11 crore since their respective inception dates, an analysis by ETMutualFunds showed. There are around 305 equity mutual funds, excluding sectoral and thematic funds.
The analysis further showed that out of these 305 equity mutual funds, 110 turned Rs 10,000 monthly SIP into over Rs 1 crore since their respective inception date, up to Rs 29.32 crore as of date.