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In the last 25 years, one mid-cap mutual fund transformed a Rs 10,000 monthly SIP into over Rs 1 crore, with four mid-cap funds completing 25 years in the market. Notably, Nippon India Growth Fund turned a Rs 10,000 monthly SIP into Rs 1 crore, achieving an XIRR of 22.84% during this period.
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On the largecap side, yes. So, as the results have trickled in and based on price movements, on the largecap side, few clear winners seem to be visible. If we see on the auto side, Mahindra & Mahindra, the way they have delivered on festival season numbers as well as the pickup in tractor sales and we have recently seen a correction in the stock price, so that looks reasonable. Bhati Airtel, again, the pickup in arpus has been quite strong and next two-three years should be quite good.
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With the US elections underway, early ballots indicate a tight race between Kamala Harris and Donald Trump. Markets had been betting on a Trump victory, but recent shifts in traditionally Republican states suggest growing support for Harris. Financial markets may react differently depending on the election outcome, influencing the US dollar and sector-specific stocks.
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News and Media
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