Mutual Fund: This mutual fund is amazing, it turned 1 lakh rupees into 4 crores...

Nippon India Growth Mid Cap Fund, one of India's oldest mutual funds, is completing 30 years this year. It was launched in 1995. The data confirms the advice given by mutual fund experts to investors: To generate alpha returns, you need to stay invested for the long term.

Nippon India Growth Mid Cap Fund has been one of the best-performing funds over its three-decade journey, generating a compound annual growth rate (CAGR) of 22.2% since inception. To put this in perspective, if you had invested a lump sum of ₹1 lakh at the fund's inception, your investment would have been worth over ₹4 crore today.

This is how we got excellent returns.

Speaking of mid-cap funds, funds like Edelweiss, Kotak Mutual Fund, and Invesco Mutual Fund have also delivered impressive returns, returning between 17% and 19% over the past ten years. Nippon India Growth Midcap Fund is one of the oldest funds in the industry and focuses on investing in companies that deliver above-average growth and have the potential to deliver good returns over time. The fund's success is due to its robust investment methodology and rigorous risk management processes.

Investments in These Sectors

Growth-style midcap funds in the equity sector are ideal for long-term investments. Since they prioritize capital appreciation, investors experience a steady increase in the value of their investments over time. Furthermore, midcap funds provide diversification by investing in a variety of stocks, which helps reduce risk. Nippon India Growth Midcap Fund has the largest exposure to the financial sector, accounting for nearly a quarter of its corpus. Approximately 17.47% of the investment is in the consumer discretionary sector and 17.03% in the industrial sector. The fund also has diversification in sectors such as healthcare, technology, energy, and materials.

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