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Mutual fund investors have earned impressive returns of up to 960% in the last 10 years of the Modi government. Around 195 equity schemes were analyzed, with top performers including Nippon India Small Cap Fund and SBI Small Cap Fund.
ETMutualFunds analysis reveals two schemes turning Rs 10 lakh into Rs 1 crore under Modi-led government. Nippon India Small Cap Fund and SBI Small Cap Fund deliver impressive CAGRs. Investors should consider risk appetite and goals before making investment decisions.
Select mutual funds based on long-term performance, benchmark comparisons, fund house philosophies, risk management, fund manager experience, expense ratio, and fund size to make informed investment decisions in volatile markets.
Experts feel that across generations mutual fund investment is a wise choice. April saw a record-breaking 63.7 lakh new SIP registrations, marking a 32.1% surge from the 3-month average.