Equity Mutual Funds with Best SIP Return: Equity mutual funds are considered the best investment option for long-term wealth creation. The good thing is that you can also invest in them little by little through Systematic Investment Plan (SIP). Rather, from the point of view of risk management, SIP is considered a better way of investment for long term. Today we are going to tell you about 11 such equity mutual funds, which have given the highest returns on SIP in the last 10 years.
Equity funds giving highest returns on SIP in 10 years
Here, information is given about 11 such equity funds falling in different categories, whose SIP returns in the last 10 years have ranged from 24% to around 29% per annum. Many of these funds have shown that a monthly SIP of Rs 10,000 has grown to more than Rs 50 lakh in 10 years. The special thing is that all these funds have given good returns even on lump sum investment and have multiplied the investors’ money by 5 to 8.5 times in 10 years.
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1. Quant Small Cap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 54,97,178 (CAGR: 28.92%)
Value of lump sum investment of Rs 1 lakh after 10 years: 7,22,312 (CAGR: 21.86%)
Expense ratio: 0.64%
2. Nippon India Small Cap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 51,50,589 (CAGR: 27.70%)
Value of lump sum investment of Rs 1 lakh after 10 years: 8,53,624 (CAGR: 23.92%)
Expense ratio: 0.68%
Also read: This scheme of LIC MF increased the money more than three and a half times in 5 years, SIP investment also crossed two and a half times.
3. Motilal Oswal Midcap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 49,55,272 (CAGR: 26.98%)
Value of lump sum investment of Rs 1 lakh after 10 years: 7,49,975 (CAGR: 22.32%)
Expense ratio: 0.57%
4. Quant ELSS Tax Saver Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 45,08,593 (CAGR: 25.22%)
Value of lump sum investment of Rs 1 lakh after 10 years: 7,46,395 (CAGR: 22.26%)
Expense Ratio: 0.65%
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5. Invesco India Infrastructure Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 44,83,366 (CAGR: 25.12%)
Value of lump sum investment of Rs 1 lakh after 10 years: 6,02,932 (CAGR: 19.68%)
Expense ratio: 0.71%
6. Edelweiss Mid Cap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 44,25,039 (CAGR: 24.87%)
Value of lump sum investment of Rs 1 lakh after 10 years: 6,70,486 (CAGR: 20.96%)
Expense Ratio: 0.40%
7. Quant Mid Cap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 43,96,887 (CAGR: 24.75%)
Value of lump sum investment of Rs 1 lakh after 10 years: 5,91,363 (CAGR: 19.45%)
Expense ratio: 0.58%
8. ICICI Prudential Infrastructure Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 42,89,644 (CAGR: 24.29%)
Value of lump sum investment of Rs 1 lakh after 10 years: 5,12,106 (CAGR: 17.74%)
Expense ratio: 1.23%
9. Invesco India Mid Cap Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 42,51,586 (CAGR: 24.13%)
Value of lump sum investment of Rs 1 lakh after 10 years: 6,24,703 (CAGR: 20.11%)
Expense ratio: 0.58%
10. LIC MF Infrastructure Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 42,39,916 (CAGR: 24.08%)
Value of lump sum investment of Rs 1 lakh after 10 years: 4,92,090 (CAGR: 17.27%)
Expense Ratio: 1.10%
11. Nippon India Growth Fund (Direct Plan)
Value of 10 thousand rupees monthly SIP after 10 years: 42,25,970 (CAGR: 24.01%)
Value of lump sum investment of Rs 1 lakh after 10 years: 5,98,536 (CAGR: 19.59%)
Expense ratio: 0.79%
Also read: Tata AIA ULIP: All ULIP schemes of Tata AIA beat the benchmark, returns ranged from 27% to 28% in 5 years.
Understand the risk before investing
The 11 equity funds we have given information about above have received a rating of 4 to 5 stars from Value Research. If you want to create wealth through long term investment, then you can consider investing in these. However, the risk level of all of them on the riskometer is very high. Therefore, before deciding to invest, carefully examine your risk tolerance.
(Disclaimer: The purpose of this article is only to provide information and not to give investment advice. The past returns of any equity fund cannot be considered as a guarantee of getting similar returns in the future. Decisions related to investment should be taken after taking the advice of your investment advisor. Just do it.)
