Mutual fund calculator: ₹10,000 monthly SIP can make you a millionaire in ten years
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Mutual fund calculator: ₹10,000 monthly SIP can make you a millionaire in ten years

The mutual fund calculator is a simulation that helps you to calculate the returns from the mutual fund investments. You can calculate the maturity value of an investment.

Small-cap mutual funds have become the darling of mutual fund (MF) investors as a result of their extraordinary returns. Although small caps are considered to be extremely hazardous, the line ‘risk hai toh ishq hai’ from Harshad Mehta’s web series Scam 1992 serves as a reminder that we must take risks in order to achieve success. The Nippon India Small Cap Fund – Regular Plan is one of these small-cap mutual fund plans that has generated outstanding returns and increased investors’ capital.

Your investment decision should not be influenced by these returns, as there is no assurance that past performance will be repeated.

Mutual fund calculator: ₹10,000 monthly SIP can make you a millionaire in ten years

Nippon India Small Cap Fund – Regular Plan

Small-cap mutual fund Nippon India Small Cap Fund – Regular Plan. Nippon India Mutual Fund. During the past three and six months, this small-cap mutual fund SIP strategy has returned 19.05% and 26.20%, respectively. According to data compiled by Value Research, it has returned 33.93% after one year, 44.84% after three years, 21.82% after five years, 22.28% after seven years, and 29.62% after ten years. On September 16, 2019, this fund was introduced. This scheme is based on the total return performance of the NIFTY Smallcap 250. Over the past 13 years, investors in the Nippon India Small Cap Fund – Regular Plan have had a return of 20.89%.

Mutual fund

A mutual fund SIP calculator demonstrates that a monthly SIP investment of 10,000 in Nippon India Small Cap Fund could have made investors millionaires in ten years. In ten years, its annualised return was 24.96%. The calculator indicates that a monthly SIP investment of 10,000 in this fund would have yielded approximately 57,53,702 after ten years. The mutual fund calculator illustrates how a one lakh investment multiplied by more than five over a decade.

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According to industry data, retail investors’ mutual fund holdings increased by 20,5% year-over-year to nearly 25 lakh crore at present.

Disclaimer: Before making any investment decisions, we advise investors to consult with certified experts.

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Written by Akash Jha

Akash Jha is blogger and writer, he has been writing for several top news channels since a decade. His blogs & notions have quality contents.

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