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.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization