Four Mid-Cap Funds Offer 15% XIRR on SIP in 25 Years
Four mid-cap mutual funds have provided more than 15% XIRR on SIP investments over the past 25 years. Nippon India Growth Fund, Franklin India Prima Fund, Tata Mid Cap Growth Fund and Taurus Mid Cap Fun are these four mid-cap funds that completed 25 years in the market.
Here’s a Brief Overview of These Four Midcap Mutual Funds:
Nippon India Growth Fund
The Nippon India Growth Fund is an equity mutual fund scheme that focuses on targeting long-term capital appreciation through research-based investment.
This fund gave a maximum XIRR of 22.84% over the past 25 years. A monthly SIP of Rs. 10,000 in this scheme, growing up to Rs. 9.91 crore during the same period.
Franklin India Prima Fund
Franklin India Prima Fund is also an equity mutual fund scheme that mainly invests in mid-cap companies.
Franklin India Prima Fund gave an XIRR of 21.28% for the same period and a monthly SIP of Rs. 10000 in this scheme, growing up to Rs. 7.54 crore at the same time.
Tata Mid-Cap Growth Fund
It’s an open-ended equity mutual fund that primarily invests in large-cap, mid-cap, and small-cap stocks.
This mid-cap fund provided an XIRR of 19.40% for the same time period. monthly SIP of Rs. 10,000 in this scheme has grown up to Rs. 5.62 crore in the last 25 years.
Taurus Mid-Cap Fund
The main target of this scheme is to achieve long-term capital growth by investing in a portfolio that includes equity and equity-related securities of mid-cap companies.
Taurus Mid Cap Fund offered an XIRR of 15.20% in the past 25 years. It converted Rs. 10,000 monthly SIP to Rs. 2.82 crore during the same time.
