Equity Mutual Funds with Best SIP Return: If you want to create wealth in the long term, then equity mutual funds are considered the best way to do it. If you want, you can also invest in lumpsum i.e. lump sum, but investing money little by little through Systematic Investment Plan (SIP) is considered a better way in terms of balance between risk-return. Today we are going to tell you about 11 such equity mutual funds, which have given the highest returns on lump sum and SIP investments in the last 10 years.
Top 11 funds giving highest returns in 10 years
The 11 equity funds that we are going to mention here come in different categories. But all of them have given tremendous returns on SIP and lumpsum investment in the last 10 years. These funds have increased the money of lump sum investors by about 8.5 times in 10 years, while SIPs have also given annual returns of 24% to 28%. Many of these funds have taken monthly SIP of Rs 10,000 to Rs 50 lakh or more in 10 years.
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1. Nippon India Small Cap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 8,45,627 (CAGR: 23.78%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 51,38,165 (CAGR: 27.38%)
Expense ratio: 0.68%
2. Motilal Oswal Midcap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 7,64,228 (CAGR: 22.53%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 50,42,717 (CAGR: 27.03%)
Expense ratio: 0.57%
3. HSBC Small Cap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 7,42,951 (CAGR: 22.19%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 45,68,640 (CAGR: 25.21%)
Expense ratio: 0.68%
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4. Quant ELSS Tax Saver Dir (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 7,26,113 (CAGR: 21.91%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 43,64,811 (CAGR: 24.37%)
Expense ratio: 0.59%
5. Quant Small Cap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 6,93,016 (CAGR: 21.34%)
Value of Rs 10 thousand monthly SIP after 10 years: Rs 53,24,514 (CAGR: 28.04%)
Expense ratio: 0.64%
6. Axis Small Cap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 6,85,252 (CAGR: 21.20%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 43,93,692 (CAGR: 24.49%)
Expense ratio: 0.56%
7. Edelweiss Mid Cap Fund (Direct Plan)
Value of lump sum investment of Rs 1 lakh after 10 years: Rs 6,76,230 (CAGR: 21.04%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 44,64,342 (CAGR: 24.78%)
Expense ratio: 0.39%
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8. Invesco India Mid Cap Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 6,44,404 (CAGR: 20.46%)
Value of Rs 10 thousand monthly SIP after 10 years: Rs 43,36,395 (CAGR: 24.25%)
Expense ratio: 0.58%
9. Quant Infrastructure Fund – (Direct Plan)
Value of lump sum investment of Rs 1 lakh after 10 years: Rs 6,24,255 (CAGR: 20.08%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 49,24,025 (CAGR: 26.59%)
Expense ratio: 0.66%
10. ICICI Prudential Technology Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 6,21,389 (CAGR: 20.02%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 43,68,199 (CAGR: 24.38%)
Expense ratio: 0.98%
11. Invesco India Infrastructure Fund (Direct Plan)
Value of Rs 1 lakh lump sum investment after 10 years: Rs 5,99,774 (CAGR: 19.60%)
Value of Rs 10,000 monthly SIP after 10 years: Rs 44,72,708 (CAGR: 24.82%)
Expense ratio: 0.74%
Here all the figures are given for direct plans, in which the expense ratio is low. Due to higher expense ratio of regular plans, their returns are slightly less than direct plans.
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Take decision after understanding the risk
Equity funds are an excellent option for those interested in wealth creation through long term investments. But before deciding to invest, it is important to understand the risks associated with investment, because these are directly affected by the fluctuations in the market. Being equity funds, the risk level of all the funds given above is very high. But generally small cap funds are considered more risky than mid cap and large cap funds. Sectoral and thematic funds are also high risk investments. Therefore, before deciding to invest, carefully examine your risk tolerance.
(Disclaimer: The purpose of this article is only to provide information, not to give investment advice. It is not necessary that the past returns of any mutual fund will continue in the future also. Take investment decisions only with the advice of your investment advisor.)
