News

MF Tracker: This Franklin India fund turns Rs 1,000 SIP to Rs 2.30 crore in 32 yrs, logs positive returns in 9 out of 10 years

Franklin India Mid Cap Fund, the oldest in its category, has transformed a Rs 1,000 monthly SIP into Rs 2.36 crore over 32 years, achieving a 20.20% XIRR. The fund delivered positive returns in nine of the last ten calendar years, showcasing its resilience and wealth creation potential for long-term investors.