When it comes to investing, time matters more than the amount you start with. Even a small monthly SIP, if allowed to grow for many years, can create a large corpus due to the power of compounding.
This article explains how a simple SIP of Rs 1,000 per month in a Nippon India fund grew into more than Rs 1 crore over 30 years. The same fund also turned a Rs 1 lakh lump-sum investment into around Rs 1.5 crore. The fund in focus is Nippon India Vision Large & Mid Cap Fund, which recently completed 30 years.
A fund that turned small SIPs into crores
Launched on October 8, 1995, the scheme has delivered strong long-term returns through disciplined SIP investing.
According to the fund factsheet, a monthly SIP of Rs 1,000 started at launch would today be worth more than Rs 1 crore. The total amount invested over 30 years would be only Rs 3.6 lakh. The fund delivered a SIP CAGR of 18.44% over this period.
How Rs 1,000 monthly SIP grew into Rs 1.13 crore
Monthly SIP: Rs 1,000
Total investment till 31 Oct 2025: Rs 3.6 lakh
SIP CAGR (30 years): 18.44%
Value as of 31 Oct 2025: Rs 1,13,48,200 (Rs 1.13 crore)
(Source: Fund Factsheet)
Strong returns on lump-sum investment
The fund has also rewarded long-term lump-sum investors. A one-time investment of Rs 1 lakh at launch would have grown to around Rs 1.49 crore by 31 October 2025. This reflects a CAGR of 18.12% over 30 years.
Lump-sum investment at launch: Rs 1,00,000
Value as of 31 Oct 2025: Rs 1,49,78,160 (Rs 1.49 crore)
Lump-sum CAGR: 18.12%
Fund investment strategy
This is an open-ended equity scheme that invests in a mix of large-cap and mid-cap stocks. The aim is to combine the stability of large companies with the higher growth potential of mid-sized companies.
The strategy focuses on market leaders and companies with strong future potential. Large caps add stability to the portfolio, while mid caps enhance long-term return possibilities.
Key fund information
Launch date: 8 October 1995
AUM: Rs 6,690.47 crore (as of 31 October 2025)
Expense ratio: Regular 1.89%, Direct 1.22%
Benchmark: Nifty LargeMidcap 250 TRI
Fund manager: Aishwarya Deepak Agrawal (since June 2021)
Exit load: 1% if over 10% of units are redeemed within 12 months; none after 12 months
Standard deviation: 12.94
Beta: 0.90
Sharpe ratio: 1.09
Portfolio turnover ratio: 0.56
(Source: Fund Factsheet)
Who is this fund suitable for?
This fund is suitable for investors who want a blend of stability and growth in a single equity scheme. Its long-term track record makes it a good option for wealth creation over many years.
However, like all equity investments, it involves market risks. Investors should choose this fund only after assessing their risk appetite and investment horizon.
Disclaimer
This article is for informational purposes only and does not recommend investing in any particular scheme. Always consult a financial advisor before making investment decisions.