Investing in mutual funds can build serious wealth — but only if you stay patient and handle market ups and downs calmly.
One powerful example is the Nippon India Growth Mid Cap Fund – Direct Growth.
Over 30 years, this fund has reportedly turned a ₹10,000 monthly SIP into nearly ₹26 crore.
Here’s how that happened.
30 Years of Compounding: The SIP Story
Launched on October 8, 1995, this is one of the oldest schemes from Nippon India Mutual Fund.
Let’s break down what a ₹10,000 monthly SIP achieved over time:
1 year: ₹1.2 lakh invested → ₹1.24 lakh (7.75% return)
5 years: ₹6 lakh invested → ₹9.67 lakh (19.39% return)
10 years: ₹12 lakh invested → ₹34.18 lakh (19.95% return)
20 years: ₹24 lakh invested → ₹1.64 crore (16.76% return)
30 years: ₹36 lakh invested → ₹24.96 crore (22.27% return)
From October 1995 to January 2026, a total investment of around ₹36.3 lakh reportedly grew to over ₹26 crore.
This is the power of disciplined investing combined with long-term compounding.
Lump Sum Investment: Small Amount, Big Outcome
The fund has delivered average annual returns of around 22% since launch.
According to reports, a one-time investment of ₹1 lakh made 30 years ago could have grown to nearly ₹4 crore.
Similarly, ₹2 lakh invested at the start could have grown to around ₹8 crore.
The key factor here is time. Staying invested through market cycles made the biggest difference.
But There’s a Catch: High Risk
It’s important to understand that this fund falls under the “Very High Risk” category.
Being a mid-cap fund, it invests in medium-sized companies.
These stocks can grow faster than large companies — but they can also fall sharply during market downturns.
So while the returns look impressive, the journey would have included periods of volatility.
Where Does the Fund Invest?
Here’s the sector allocation:
Financials – 27.01%
Industrials – 18.36%
Consumer Discretionary – 15.93%
Healthcare – 11.06%
Technology – 8.33%
The fund has a strong tilt towards financial and industrial companies.
Final Takeaway
This fund’s 30-year journey shows what long-term investing can achieve.
A modest ₹10,000 monthly SIP turned into multi-crore wealth — but only for those who stayed invested through market highs and lows.
However, past returns do not guarantee future performance.
Mid-cap funds carry higher risk, and investors should assess their risk appetite and consult a financial advisor before investing.
In mutual funds, patience and discipline are often the biggest wealth creators.
