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My SIP's 17-year journey in Franklin India Prima Fund (FIPF)

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My SIP's 17-year journey in  Franklin India Prima Fund (FIPF) Today, when the Equity Markets across the globe have crashed and the investors, especially the ones who started their Systematic Investment Plans (SIPs) in the last 5 years, and are seeing the investments in red are extremely worried. This article is an effort to address them through a first-hand story of my SIP in Franklin India Prima Fund (FIPF). I am going to refer to the following graphical representation of the journey in this article. This chart shows the Amount Invested (₹) (in Orange Colour) and the Value of the Investment (₹) (in Green Colour) as on a particular date on the Y axis (both Left Hand Side) and the Net Asset Value (NAV in ₹) of the Fund (in Red Colour) again on the Y axis (on the Right Hand side). The X-Axis refers to the period of my investment in the Fund. I started this SIP on 1-Oct-2003 and the investment values are re-based to ₹ 100/- as on that date. There have been 198 m