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.
Liquidity management, asset quality among pillars for NBFC growth: RBI DG
RBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management for sustainable growth. Asset