Where to invest to get over 20% returns?

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Nippon India Growth Fund has grown at 23% p.a. since 1995

Dear Readers,

A frequently asked question is, Where to invest to get over 20% returns? I have attempted to reply to this query in this post. 


Photo by Karolina Grabowska from Pexels

If I say that your one-time investment of Rs.10,000 made in 1995 has grown to Rs.20.47 lakh now in 2021, you will not believe it easily. But this is true. This Fund has given approx. 23% return since inception on your lump-sum investment.
How your investment of Rs.10,000 has performed during different periods, you may find out from the following table:

Lump-sum performance of Rs.10,000 invested in 1995 as on 30.09.2021

1 Year

3 Years

5 Years

Since Inception (1995)

17,620

17,667

22,69

20,47,198

CAGR 76.20%

CAGR 26.14%

CAGR 17.72%

CAGR 22.72%

Not only this, but a SIP investment of Rs.10,000 per month has also grown @ over 23% since 1995, the year of the inception of this Fund. Your investment of Rs. 31.10 lakh has now become Rs.12.90 crore.

I know that you are eager to know the name of the Fund. The name of the Fund is Nippon India Growth Fund. This Fund has performed very well. Fund’s performance during other periods is also par excellence:

               SIP Performance If you invested Rs.10,000 every month

               (As of 30.09.2021)

 

 

1 Year

3 Years

5 Years

Since Inception (1995)

Your own investment

1,20,000

3,60,000

6,00,000

31,10,000

Market Value as on 30.09.2021

1,59,289

6,24,238

10,97,908

12,90,24,252

Scheme Return %

69.96

39.91

24.65

23.22

 

Nippon India Growth Fund is a Mid Cap Fund and the Fund size is Rs.11,829 crore at the end of September 2021.

The Total Expense Ratio for Regular Scheme is 1.85% and for Direct Scheme it is at 1.04%.

Fund’s Portfolio:

The Fund has a well-diversified portfolio. Major investment is made in Varun Beverages (4.63%), L&T Tech Services (3.57%), Cholamandalam Finance (3.50%), SRF (3.17%), and Ashok Leyland (3.16%).

Conclusion:

In my view, this can be a good investment with a long-term view.  

To know more about investing in mutual funds, you are invited to visit my another site,

niveshbharti.com



Disclaimer

Investment in Mutual Funds is subject to market risk. Please read the scheme documents carefully. 

Contact: boirajeev@gmail.com

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