Top 3 small and top 3 mid cap mutual funds that have turned Rs 9,999 monthly SIP investment into up to Rs 1.30 crore in 15 years
Top 3 Mid and Top 3 Small Cap Mutual Funds: Mid cap mutual funds and small cap mutual funds are risky investments that can provide higher growth than large cap funds. In the long run, mid cap and small cap funds can give excellent SIP returns. The top-ranked small cap mutual fund with the best SIP annualised return in 15 years has turned Rs 9,999 monthly SIP investment into nearly Rs 1.30 crore.
Top 3 Mid and Top 3 Small Cap Mutual Funds: Mid cap mutual funds and small cap mutual funds are equity funds. Both are in a very high-risk category, but both can give high returns in the long run. Mid cap mutual funds invest mostly in companies ranked 101st to 250th, while small cap mutual funds have most of their investments in companies ranked 251st and over. As per Securities Exchange Board of India's (Sebi) classification of mutual funds, mid cap mutual funds need to have at least 65 per cent of their investments in mid cap stocks. Similarly, small cap mutual funds need to have at least 65 per cent of their investments in small cap stocks. Here, we take you through the list of the top 3 mid cap and top 3 small cap mutual funds that have turned Rs 9,999 monthly SIP investment into at least 1.07 crore (Since direct plans were launched on January 1, 2023, we are taking regular plans for our story (Data source: Value Research).
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Top 3 mid cap mutual funds with best SIP returns in 15 years
The fund has given 22.21 per cent annualised SIP return in 15 years.
It has assets under management (AUM) of Rs 8,280 crore, while its net asset value (NAV) is Rs 103.4190.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 14.75 per cent annualised return since its launch in December 2007.
Edelweiss Mid Cap Fund - Regular Plan
At an expense ratio of 1.74 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 9,999 monthly SIP investment in the 15-year period, or a total investment of Rs 17,99,820, has swelled to Rs 1,16,11,832.
HDFC Mid-Cap Opportunities Fund
The fund has given 21.37 per cent annualised SIP return in the 15-year time frame.
It has AUM of Rs 76,061 crore, while its NAV is Rs 194.1280.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 18.49 per cent annualised return since its debut in June 2007.
HDFC Mid-Cap Opportunities Fund
With an expense ratio of 1.39 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 9,999 monthly SIP investment in the 15 years has jumped to Rs 1,07,80,876.
Invesco India Mid Cap Fund
The fund has given 21.22 per cent annualised SIP return in the 15-year period.
It has an asset base of Rs 5,863 crore, while its unit price is Rs 174.7000.
Benchmarked against BSE 150 MidCap TRI, the fund has given 17.58 per cent annualised return since its inception in April 2007.
Invesco India Mid Cap Fund
At an expense ratio of 1.82 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 9,999 monthly SIP investment in the 15-year time frame has grown to Rs 1,06,41,446.
Top 3 mid cap mutual funds with best SIP returns in 15 years
The fund has given 23.46 per cent annualised SIP return in 15 years.
It has a fund size of Rs 33,285 crore, while its NAV is Rs 183.6923.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 21.00 per cent annualised return since its starting in September 2009.
SBI Small Cap Fund
With an expense ratio of 1.56 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 9,999 monthly SIP investment in the 15-year period has turned into Rs 1,29,75,223.
DSP Small Cap Fund - Regular Plan
The fund has given 22.01 per cent annualised SIP return in the 15-year time frame.
It has AUM of Rs 16,307 crore, while its unit price is Rs 206.0080.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 18.86 per cent annualised return since its beginning in June 2007.
DSP Small Cap Fund - Regular Plan
At an expense ratio of 1.72 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 9,999 monthly SIP investment in 15 years has jumped to Rs 1,14,11,150.
Franklin India Smaller Companies Fund
The fund has given 21.45 per cent annualised SIP return in the 15-year period.
It has an asset base of Rs 33,285 crore, while its NAV is Rs 184.9977.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 16.67 per cent annualised return since its debut in January 2006.
Franklin India Smaller Companies Fund
With an expense ratio of 1.74 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment each.
A Rs 9,999 monthly SIP investment in the 15-year time frame has grown to Rs 1,08,55,008.