How a Rs 9,000 SIP Became a Crorepati in 14 Years

If you had invested Rs 9,000 monthly in the Nippon India Small Cap Fund over 14 years can grow to over Rs 1 crore. This mutual fund, launched in September 2010, targets small-cap stocks. It has delivered an annualized return of 25.95% over 14 years.

By November 2024, the fund’s assets under management (AUM) reached Rs 61,646 crore. It outperformed its benchmark, the NIFTY Smallcap 250 TRI, consistently. The returns were 31.10% last year, 29.26% over three years, and 35.76% over five years. Major holdings include HDFC Bank, MCX, Kirloskar Brothers, Apar, and Tube Investments.

This approach underscores the importance of disciplined investing through Systematic Investment Plans (SIPs). It shows the potential for significant wealth creation over time. However, investors should be aware of the risks associated with mutual fund investments and seek advice from financial advisors.