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The Economic Times

Surbhi Khanna

MF Tracker: Nippon India Value Fund turns Rs 10,000 SIP to Rs 1.56 crore in 21 years

India ETMutualFunds Morningstar Value Research

Nippon India Value Fund has turned a Rs 10,000 monthly SIP into Rs 1.56 crore over 21 years, according to an analysis by ETMutualFunds.

Launched on June 8, 2005, the fund currently carries a four-star rating from both Value Research and Morningstar. A monthly SIP of Rs 10,000 started 10 years ago would have grown to Rs 27.06 lakh, delivering an XIRR of 15.71%.

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