Mutual Fund SIP: Nippon India Multicap Fund has given excellent returns on investments made through Systematic Investment Plan (SIP) and has created a corpus of Rs 5.85 lakh in 5 years with a monthly SIP of Rs 5000. Not only this, this 5-star rated scheme has more than doubled the investors' money in 3 years and more than four and a half times in 5 years.

Return of lump sum investment in Nippon India Multi Cap Fund

Return in 3 years: 27.80% (Regular Plan)

Return in 3 years: 35.56% (Direct Plan)

Return in 5 years: 34.58% (Regular Plan)

Return in 5 years: 35.56% (Direct Plan)

If a lump sum investment of Rs 1 lakh was made in this scheme, it would have become Rs 2,09,157 in the regular plan and Rs 2,14,020 in the direct plan in 3 years. Similarly, an investment of Rs 1 lakh became Rs 4,41,790 in the regular plan and Rs 4,58,230 in the direct plan in 5 years.

Return of Rs 5000 monthly SIP in Nippon India Multi Cap Fund

What is a multi-cap fund?

A multi-cap mutual fund is a type of equity mutual fund that invests in a diversified portfolio of stocks with different market caps, including large, mid, and small-cap companies. It is also called a diversified equity fund.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.