Nippon India's fund turned Rs 1 lakh into Rs 1.5 crore in 30 years; even a SIP of Rs 1,000 made a millionaire.

News Topical, Digital Desk : When it comes to savings, time is more important than the initial investment amount. A modest monthly systematic investment plan (SIP) can grow into a substantial sum over decades, thanks to compound interest. Today, we'll tell you about one such fund that turned lakhs into crores. 

This fund made him a millionaire

Launched on October 8, 1995, Nippon India Vision Large & Mid Cap Fund has turned small investments into crores in 30 years. A simple SIP of ₹1,000 at the fund's inception would have grown to ₹1.13 crore by October 31, 2025. The total investment over 30 years was only ₹3.6 lakh. This represents an impressive SIP CAGR of 18.44%.

Monthly SIP: ₹1,000
Total investment (30 years): ₹3.6 lakh
SIP CAGR: 18.44%
Value as of October 31, 2025: ₹1,13,48,200 (₹1.13 crore)
Source: Fund factsheet

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Had I deposited Rs 1 lakh together, it would have become more than Rs 1 crore.

This fund also delivered good returns to investors who invested in lump sums. A lump sum investment of ₹1 lakh at launch grew to ₹1.49 crore by October 31, 2025, achieving a compound annual growth rate (CAGR) of 18.12%.

Initial Investment: ₹1,00,000
Value as of October 31, 2025: ₹1,49,78,160 (₹1.49 crore)
Compound Annual Growth Rate: 18.12%
Source: Fund Factsheet

Nippon India Vision Large & Mid Cap Fund is an open-ended equity scheme that offers a blend of large-cap stability and mid-cap growth potential. It invests in market-leading companies and companies with strong future prospects, balancing risk and reward to maximize long-term returns.

This fund is suitable for investors seeking a balance of stability and growth in a single equity scheme. Its proven track record makes it ideal for long-term wealth creation. However, like all equity investments, it involves market risk. Investors should evaluate their risk tolerance and investment horizon before investing.

Read More: Nippon India's fund turned Rs 1 lakh into Rs 1.5 crore in 30 years; even a SIP of Rs 1,000 made a millionaire.