India's equity mutual fund schemes, with over two decades of track record, have made hefty wealth for investors. Investments made through the monthly systematic investment plans, popularly known as SIPs, are at multifold valuations currently.
This explains the fact that the longer the investors stayed, the more is the wealth creation, irrespective of the market fluctuations. The Indian mutual fund sector, still considered to be in nascent stage, given the poor penetration of its products, is home to several schemes which have a reasonable and respectable performance chart for a period exceeding 20 years.
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