Nippon India Growth Mid Cap Fund: Know How ₹10,000 Monthly SIP Turned Into ₹26 Crore in 30 Years

Mid-Cap Fund: If you have the courage to invest for the long term without fearing the fluctuations of the stock market, mutual funds can prove to be a treasure trove for you. Nippon India Growth Mid-Cap Fund has set a precedent in the investment world that even the most established investors are astonished to hear. A monthly SIP of just ₹10,000 has transformed this fund into a massive corpus of ₹26 crore in 30 years.

This fund is a living example for investors who remain disciplined and patient in the market. In this article, we will explore in detail how the magical power of compounding transformed a small investment into a multi-crore empire and the precise balance between risk and profit in this mid-cap fund.

Nippon India Growth Mid-Cap Fund is considered one of Nippon India Mutual Fund’s oldest and most trusted schemes. It was launched on October 8, 1995, and recently completed 30 successful years.

During these three decades, the market has witnessed historic ups and downs, including several global recessions, but this fund has never lost the confidence of disciplined investors. It’s a direct growth plan that has completely transformed the fortunes of not only SIP investors but also those who invested in lump sums.

To understand the power of compounding, looking at the figures of Nippon India Growth Fund is nothing short of miraculous. If you had started a monthly SIP of ₹10,000 a year ago, your total investment would have grown to ₹1.20 lakh, which would have grown to ₹1,24,722. At the 5-year mark, your ₹6 lakh investment would have reached close to ₹9,67,978. Over a solid 10-year period, an investment of ₹12 lakh would have grown to over ₹34.18 lakh.

The real momentum was seen after 20 years, when an investment of ₹24 lakh became ₹1.64 crore. By the peak of 30 years, your total investment was still ₹36 lakh, but the fund’s value had reached ₹24,96,73,772, or approximately ₹25 crore. Considering the entire journey from October 1995 to January 2026, a total investment of ₹36.30 lakh has now become a huge sum of ₹26.17 crore, representing an average annual return of 22.26%.

Not just investments in installments, but if someone had invested ₹1 lakh in a lump sum 30 years ago, believing in the potential of this fund, its value would have been incredible today. According to financial experts, a mere ₹1 lakh invested at the time of launch has now turned into a fund worth approximately ₹4 crore.

Similarly, if someone had invested ₹2 lakh at that time, they would have owned a huge fund worth ₹8 crore today. This fund has consistently delivered an average annual return of 22% since its inception, which is much higher than any traditional savings scheme.

Investing in mutual funds is completely subject to the movements and risks of the stock market, so it is very important to exercise caution. Nippon India Growth Fund is classified as ‘Very High Risk’ on the Risk-O-Meter. Because this is a mid-cap fund, it’s more volatile than large-cap funds. When markets decline, mid-cap stocks are more likely to see larger and sharper declines, though these funds also tend to bounce back faster during a recovery.