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25-year SIP returns: 36 equity funds made investors crorepatis with Rs 10,000 SIP; check details – The Times of India

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25-year SIP returns: 36 equity funds made investors crorepatis with Rs 10,000 SIP; check details – The Times of India


Investors who started a monthly SIP of Rs 10,000 in some of India’s top equity mutual funds 25 years ago would have turned their investments into crores today, according to an analysis by ETMutualFunds. The study covered 36 equity mutual funds that have completed 25 years in the market, excluding hybrid, sectoral, and thematic schemes, to show the long-term wealth-creation potential of consistent SIP investing.Nippon India Growth Mid Cap Fund (earlier Nippon India Growth Fund) led the list, turning a Rs 10,000 monthly SIP into Rs 8.81 crore over 25 years, with an XIRR of 22.14%. Franklin India Mid Cap Fund (earlier Franklin India Prima Fund) grew the same SIP contribution to Rs 6.52 crore, delivering an XIRR of 20.32%. HDFC Flexi Cap Fund (erstwhile HDFC Equity Fund) converted the monthly investment into Rs 5.91 crore, with an XIRR of 19.72%.

Strong performers from SBI, Franklin, and HDFC funds

Three SBI Mutual Fund schemes also delivered impressive returns. SBI Contra Fund (previously SBI Magnum Contra), SBI ELSS Tax Saver Fund (previously SBI Long Term Equity Fund), and SBI Large & Midcap Fund (previously SBI Magnum Multiplier Fund) turned a Rs 10,000 monthly SIP into between Rs 5.02 crore and Rs 5.81 crore over 25 years.Other top performers included Franklin India Flexi Cap Fund (earlier Franklin India Equity Fund), which grew the SIP to Rs 4.75 crore with an 18.40% XIRR. ELSS funds HDFC ELSS Tax Saver (earlier HDFC TaxSaver) and ICICI Pru ELSS Tax Saver Fund (earlier ICICI Pru LT Equity Fund) delivered Rs 4.70 crore and Rs 4.69 crore respectively. ICICI Pru Large & Mid Cap Fund (earlier ICICI Pru Top 100 Fund) returned Rs 3.93 crore with an XIRR of 17.24%.Funds from Quant Mutual Fund and Sundaram Mutual Fund also performed well. Quant Small Cap Fund (earlier Quant Income Bond) and Quant ELSS Tax Saver Fund (earlier Quant Tax Plan) turned a Rs 10,000 SIP into Rs 3.37 crore and Rs 3.35 crore, with XIRRs of 16.31% and 16.26%. Sundaram ELSS Tax Saver Fund (earlier Sundaram Tax Savings Fund) and Sundaram Multi Cap Fund (earlier Principal Multi Cap Growth Fund) delivered Rs 3.20 crore and Rs 3.09 crore respectively. LIC MF Flexi Cap Fund (earlier LIC MF Multi Cap Fund) was at the lower end, with Rs 1.55 crore and an XIRR of 11.47%.

Fund history and methodology

Among the 36 schemes, 18 funds have completed over 30 years in the market, while the rest have been in existence between 25.04 years and 29.62 years. The SIP performance was calculated from 4 November 2000 to 4 November 2025, considering only regular and growth options.It’s important to note that the exercise by ET is not a recommendation. “The exercise was done to find if an investor who made a SIP of Rs 10,000 25 years ago, what would have been the value of that investment now. One should not make investment or redemption decisions based on the above exercise. One should always make investment decisions based on their risk tolerance, investment horizon, and financial goals,” the report said.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)





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Tariff jitters: US consumer confidence slips in December; inflation and jobs worries deepen – The Times of India

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Tariff jitters: US consumer confidence slips in December; inflation and jobs worries deepen – The Times of India


US consumer confidence weakened in December, sliding to its lowest level since President Donald Trump rolled out sweeping tariffs earlier this year, as households grew more anxious about high prices, trade levies and job prospects, according to a survey by the Conference Board.The Conference Board said its consumer confidence index fell 3.8 points to 89.1 in December from an upwardly revised 92.9 in November, AP reported. The reading is close to the 85.7 level recorded in April, when the Trump administration introduced import taxes on key US trading partners, AP reported.Consumers’ assessment of current economic conditions saw a sharper drop. The present situation index fell 9.5 points to 116.8, reflecting growing unease about inflation and employment conditions. Write-in responses to the survey showed that prices and inflation remained the biggest concern for consumers, alongside tariffs.Short-term expectations for income, business conditions and the labour market were little changed at 70.7, but remained well below 80 — a threshold that can signal a recession ahead. This was the 11th straight month that expectations stayed under that level.Perceptions of the job market also weakened. The share of consumers who said jobs were “plentiful” fell to 26.7% in December from 28.2% in November, while those who said jobs were “hard to get” rose to 20.8% from 20.1%.The softer sentiment follows recent labour market data showing mixed signals. Government figures released last week showed the US economy added 64,000 jobs in November after losing 105,000 jobs in October. The unemployment rate climbed to 4.6% last month, its highest level since 2021.Economists say the labour market is stuck in a “low hire, low fire” phase, as companies remain cautious amid uncertainty over tariffs and the lingering effects of high interest rates. Since March, average monthly job creation has slowed to about 35,000, down from 71,000 in the year ended March. Federal Reserve chair Jerome Powell has said he suspects those figures could be revised even lower, AP reported.



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US economy grows at fastest pace in two years

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US economy grows at fastest pace in two years


The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased.

The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in two years.

The figures offer a clearer picture of the state of the US economy heading into the end of the year, after data collection had been delayed by the US government shutdown.

The report showed consumer spending rising by 3.5%, compared with 2.5% in the previous quarter.



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Fish and chip shop offers 100 free Christmas meals in Southampton

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Fish and chip shop offers 100 free Christmas meals in Southampton


“It’s just a way of us giving back to the community,” says a fish and chip shop owner, who is giving away 100 free meals on Christmas Eve.

Raj Khaira, from Southampton, has owned Top Catch fish and chips in Shirley for five years and says he wants to support lonely people in the area.

He says he feels lucky to have a big family but knows for some customers a conversation with a shopkeeper might be the only one they have some days.

He says the shop will give portions of sausage and chips to those in need as a way of “giving back to the people who haven’t got family around them and sometimes can’t afford a hot meal”.

Mr Khaira speaks about working in business all of his life and how much he enjoys meeting “different people every day, from different backgrounds”.

“I’ve done it since I was a young kid so it’s all I really know,” he says.

He adds that many of his customers are elderly and do not have connections over the festive period.

“Christmas for majority of us is probably going to be a joyful and busy day but for some people it’s probably going to be a quiet day,” he says.

After posting about the plans to donate on social media he received a lot of publicity and Mr Khaira is prepared to “probably do more than” 100 meals.

He says the shop has already organised a toy and present drop off to Southampton hospitals this December, with many of the donations coming from customers.

He says: “We’re only where we are as a busy shop because of our community and our lovely customers that come in and sometimes you’ve got to give back and I’m happy to do that.”

Looking back on some of the negative news reported in Shirley earlier this year with the rise in anti-social behaviour in the area, he admits he had suffered.

His shop window was smashed in the summer, but he says: “Christmas time lets us just try and forget that for a minute and just try and have a good time, and reflect back on the year and hopefully next year is going to be a better one.”



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