Wealth Multiplier Mutual Funds Since Inception: Many investors invest in equity because they want to see exponential growth in a few years. Such growth is not an exception in equity. Many fundamentally strong companies start from small cap and rise to large cap just in a few years, seeing their stock price grow by 50, 75, 100 times or more. Equity mutual funds, on the other hand, also have heavy investments in equity, but unlike stocks, their growth is steady.

E.g., you may find only a few mutual funds that have given 100 per cent growth in 1 year even if the stock market has gone through phenomenal growth.

It happens because a mutual fund invests in many stocks that grow or fall at different growth rates.

But their steady growth can produce surprising results in the long run.

There are mutual funds that have multiplied the investment by more than 360 times since their inception.

Here we take you through 4 mutual funds which have given at least 126 times return on a Rs 1,00,000 lump sum investment.

(Note: We are taking regular mutual funds for our story since growth funds were launched on January 1, 2013.)

Nippon India Growth Fund

The mid cap fund from the House of Nippon India has given 22.07 per cent annualised return since its inception in October 1995.

The mid cap category return in the same period is 17.51 per cent.

The fund has assets under management (AUM) of Rs 33,174.74 crore, while its net asset value (NAV) as on April 11, 2025, was Rs 3,611.29.  

Benchmarked against Nifty Midcap 150 TRI, the fund has 98.89 per cent investment in domestic equities, of which 12.12 per cent is in large cap stocks, 43.89 per cent in mid cap stocks and 12.84 per cent in small cap stocks.

At an expense ratio of 1.61 per cent, the fund has Rs 500 as the minimum SIP and Rs 1,000 as the minimum lump sum investment. 

A Rs 1,00,000 one-time investment in the fund since its inception has grown to Rs 3,61,12,865.

Franklin India Prima Fund

The mid cap fund from Franklin Templeton Mutual Fund House has given 19.16 per cent annualised return since its inception in December 1993.

The mid cap category return in the same period is 17.51 per cent.

It holds an AUM of Rs 11,443.03 crore, while its unit price as on April 11, 2025, was Rs 2,446.4958.  

Benchmarked against Nifty Midcap 150 Index, the fund has 96.67 per cent investment in domestic equities, of which 9.65 per cent is in large cap stocks, 44.09 per cent in mid cap stocks and 16.21 per cent in small cap stocks.

At an expense ratio of 1.8 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment. 

A Rs 1,00,000 one-time investment in the fund since its inception has grown to Rs 2,44,64,958.

Franklin India Flexi Cap Fund – Growth

The flexi cap fund from Franklin Templeton Mutual Fund House has given 17.79 per cent annualised return since its inception in September 1994.

The flexi cap fund category return in the same period is 14.17 per cent.

It has an asset base of Rs 17,393.86 crore, while its net asset value (NAV) as on April 11, 2025, is Rs 1,486.4327.  

Benchmarked against Nifty 500, the fund has 94.87 per cent investment in domestic equities, of which 57.2 per cent is in large cap stocks, 11.42 per cent in mid cap stocks and 6.32 per cent in small cap stocks.

At an expense ratio of 1.74 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment. 

A Rs 1,00,000 one-time investment in the fund since its inception has grown to Rs 1,48,64,327.

HDFC ELSS Tax Saver Fund

The tax saver fund from the House of HDFC has given 18.18 per cent annualised return since its inception in April 1996.

The ELSS category return in the same period is 13.94 per cent.

It has an AUM of Rs 15,555.71 crore, while its net asset value (NAV) as on April 11, 2025, is Rs 1,279.343.  

Benchmarked against Nifty 500 TRI, the fund has 92.4 per cent investment in domestic equities, of which 61.9 per cent is in large cap stocks, 5.78 per cent in mid cap stocks and 5.72 per cent in small cap stocks.

At an expense ratio of 1.67 per cent, the fund has Rs 500 as the minimum SIP and Rs 1,000 as the minimum lump sum investment. 

A Rs 1,00,000 one-time investment in the fund since its inception has grown to Rs 1,27,93,430.