Nippon India Value Fund has turned Rs 10,000 monthly investment to Rs 1.56 crore in 21 years, an analysis by ETMutualFunds showed. Launched on June 8, 2005, the fund is assigned four star rating by Value Research and Morningstar both.
If an investor invested Rs 10,000 in this fund 10 years ago, the value of this investment would have been Rs 27.06 lakh with an XIRR of 15.71%. If the same investment was made five years ago, the value would have been Rs 8.19 lakh with an XIRR of 12.75%. And lastly, the value in the last three years would have been Rs 3.90 lakh with an XIRR of 5.56%.
