Direct plans of these 5 mutual funds have given up to Rs 3.95 lakh more than their regular plan returns on Rs 10,000 monthly SIP investment for 10 years
Top 5 Mutual Funds' Direct vs Regular Plan: In a direct plan, an investor can invest directly without the involvement of any agent or distributor, who charges money for their assistance. Compared to the direct plan, a regular plan of a mutual fund has a higher expense ratio, the fee charged from a mutual fund investor to manage the fund.
Top 5 Mutual Funds' Direct SIP vs Regular Plan: Mutual fund investment has two types of plans- regular and direct. In a direct plan, an investor can invest directly without the involvement of any agent or distributor, who charges money for their assistance. Compared to the direct plan, a regular plan of a mutual fund has a higher expense ratio, the fee charged from a mutual fund investor to manage the fund. Though the direct plan in a mutual fund provides a higher return than the regular plan, a lot of investors prefer to purchase a regular plan as they may require a distributor's consultation every now and then. Those who have good knowledge of mutual funds can go for the direct plan. Though the difference in return between a direct plan and a regular plan is not much in the short term, the difference is significant in the long run. Here, we take you through the top 5 SIP mutual funds and the difference in return between their direct and regular plans on a Rs 10,000 monthly SIP investment for 10 years. (Data as per Value Research)
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Quant Small Cap Fund - Direct Plan
The fund has given 29.94 per cent annualised SIP returns in the 10-year period. The fund has assets under management (AUM) of Rs 25,535 crore, while its net asset value (NAV) is Rs 304.5646.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 20.61 per cent annualised returns (CAGR) since its inception in January 2013.
It has an expense ratio of 0.64 per cent.
A Rs 10,000 monthly SIP in the fund in 10 years, or Rs 12 lakh investment overall, has grown to Rs 58,93,100.
Quant Small Cap Fund - regular plan
The fund has had 28.87 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 25,535 crore, while its NAV is Rs 282.6038.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 13.71 per cent returns since its debut in November 1996.
The fund has an expense ratio of 1.60 per cent.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 55,62,714 in the 10-year period.
Quant Infrastructure Fund - Direct Plan
The fund has given 28.15 per cent annualised SIP returns in 10 years.
It has AUM of Rs 3,991 crore, while its NAV is Rs 45.6427.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 20.29 per cent annualised returns since its start in January 2013.
It has an expense ratio of 0.66 per cent.
A Rs 10,000 monthly SIP in the fund has jumped to Rs 53,50,607 in the 10-year period.
Quant Infrastructure Fund - Regular Plan
The fund has had 26.92 per cent annualised SIP returns in the 10-year time frame.
Its AUM is Rs 3,991 crore, while its NAV is Rs 42.0286.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 8.79 per cent annualised returns since its inception in August 2007.
The fund has an expense ratio of 1.87 per cent.
A Rs 10,000 monthly SIP in the fund has converted into Rs 50,06,257 in the 10-year period.
Nippon India Small Cap Fund - Direct Plan
The fund has given 28.34 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 61,000 crore, while its NAV is Rs 201.0132.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 28.19 per cent returns since its debut in January 2013.
It has an expense ratio of 0.65 per cent.
A Rs 10,000 monthly SIP in the fund has given Rs 54,04,088 in the 10-year period.
Nippon India Small Cap Fund - Regular Plan
The fund has had 27.23 per cent annualised SIP returns in 10 years.
It has AUM of Rs 61,000 crore, while its NAV is Rs 180.5478.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 22.97 per cent annualised returns since its inception in September 2010.
It has an expense ratio of 1.42 per cent.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 50,90,977 in the 10-year period.
Quant ELSS Tax Saver Fund - Direct Plan
The fund has given 27.58 per cent annualised SIP returns in the 10-year time frame.
Its AUM is Rs 11,125 crore, while its NAV is Rs 448.7828.
Benchmarked against NIFTY 500 TRI, the fund has given 23.22 per cent annualised returns since its launch in January 2013.
It has an expense ratio of 0.65 per cent.
A Rs 10,000 monthly SIP in the fund has given Rs 51,86,275 in the 10 years.
Quant ELSS Tax Saver Fund - Regular Plan
The fund has had 26.09 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 11,125 crore, while its NAV is Rs 405.0121.
Benchmarked against NIFTY 500 TRI, the fund has given 16.34 per cent annualised returns since its debut in April 2000.
It has an expense ratio of 1.71 per cent.
A Rs 10,000 monthly SIP in the fund has jumped to Rs 47,85,246 in the 10-year time frame.
Quant Mid Cap Fund - Direct Plan
The fund has given 26.51 per cent annualised SIP returns in 10 years.
It has AUM of Rs 9,367 crore, while its NAV is Rs 270.5326.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.51 per cent annualised returns since its beginning in January 2013.
The fund has an expense ratio of 0.58 per cent.
A Rs 10,000 monthly SIP in the fund has converted into Rs 48,94,529 in the 10-year period.
Quant Mid Cap Fund - Regular Plan
The fund has had 24.95 per cent annualised SIP returns in the 10-year time frame.
Its AUM is Rs 9,367 crore, while its NAV is Rs 243.5045.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 14.54 per cent returns since its launch in March 2001.
It has an expense ratio of 1.73 per cent.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 45,00,304 in 10 years.