Top SIP Mutual Funds in 10 Years: No. 1 fund has turned Rs 20,000/month SIP into at least Rs 1.17 crore
Top 6 SIP Mutual Funds in 10 Years: Some of the top SIP mutual funds in the list are Quant Small Cap Fund - Direct Plan, Quant Infrastructure Fund - Direct Plan, Nippon India Small Cap Fund - Direct Plan, and Quant ELSS Tax Saver Fund - Direct Plan.
Top 5 SIP Mutual Funds in 10 Years: Systematic investment plan (SIP) is a more popular method than lump in mutual fund investment. Monthly data released by the Association of Mutual Funds in India (AMFI) proves it time and gain. SIP gives investors the flexibility to invest a pre-fixed amount every month. They can increase or decrease the amount as per their investment capacity. They don't have to time market as SIP offers them the benefit of rupee cost averaging. Since they also get compounding returns in SIP, if they stay in their investment for long, they can create huge wealth. In this write-up, we are giving the list of the top 5 mutual funds in terms of annualised SIP return (XIRR) in last 10 years. The story will also show you how a Rs 20,000 monthly SIP in each fund has generated wealth more than Rs 1.02 crore.
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Quant Small Cap Fund - Direct Plan
The fund has given 29.78 per annualised return in 10 years as of July 28, 2024. Its lump sum returns (CAGR) during the same period is 25.73 per cent. The fund has an asset base of Rs 22,967 crore, while its net asset value (NAV) is Rs 295.0892.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given a CAGR of 20.53 per cent since its inception in January 2013.
Quant Small Cap Fund - Direct Plan
At an expense ratio of 0.64 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
The fund's 98.17 per cent investments are in equity. In its portfolio of 91 stocks, the fund has Reliance Industries Limited (RIL), HDFC Bank, Jio Financial, Aegis Logistics, and Bikaji Foods as its main stocks. A Rs 20,000 monthly investment in the fund, or Rs 24 lakh investment, has given a total of Rs 1,16,72,071 in the 10-year period.
Quant Infrastructure Fund - Direct Plan
The fund has given 29.43 per cent annualised SIP returns in 10 years. Its lump return during the same period is 21.58 per cent. The fund has assets under management (AUM) of Rs 3,882 crore, while its NAV price is Rs 47.7564. Benchmarked against NIFTY Infrastructure TRI, the fund has had a 21.01 per cent CAG since its inception in January 2013.
Quant Infrastructure Fund - Direct Plan
At an expense ratio of 0.66 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment. The fund has 90.35 per cent of its investments in equity, 6.9 per cent in debt, and 2.75 per cent in cash and cash equivalents. The fund's 30-stock portfolio has HDFC Bank, RIL, Tata Power, Adani Power, and Tata Steel as the main stocks.
A Rs 20,000 monthly SIP in the fund has given a total of Rs 1,14,56,400 in the 10-year time frame.
Nippon India Small Cap Fund - Direct Plan
The fund has given 28.58 per cent annualised NAV returns in the 10-year time frame. The fund has AUM of Rs 56,469 crore, while its NAV is Rs 196.9245. Benchmarked against NIFTY Smallcap 250 TRI, the fund has had a 28.30 per cent CAGR since its launch in January 2013. At an expense ratio of 0.64 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment.
Nippon India Small Cap Fund - Direct Plan
The fund has 95.91 per cent of its investments in equity and 4.08 per cent in cash and cash equivalent. In its large pool of 215 stocks, the fund has HDFC Bank, Tube Investments, and Kirloskar Brothers as the main stocks in its portfolio. The one who started Rs 20,000 monthly SIP in the fund 10 years ago has a total of Rs 1,09,44,549 as of today's date.
Quant ELSS Tax Saver Fund - Direct Plan
Another fund from Quant Mutual Fund has given 28.3 per cent annualised SIP returns in 10 years. Its lump sum returns during the same period are 25.73 per cent. The fund's AUM is Rs 10,528 crore, while its NAV price is Rs 452.2997. At an expense ratio of 0.77 per cent, the open ended fund has Rs 500 as the minimum lump sum and SIP investment. Benchmarked against NIFTY 500 TRI, the fund has had a 23.58 per cent CAGR since its launch in January 2013.
Quant ELSS Tax Saver Fund - Direct Plan
The fund has 96.6 per cent of its investments in equity and 3.4 per cent in cash and cash equivalent. In its portfolio of 45 stocks, the fund has HDFC Bank, RIL, Adani Power, Jio Financial, and Aurobindo Pharma as its main stocks.
A Rs 20,000 monthly SIP in the fund started 10 years ago has turned into Rs 1,07,75,585.
Quant Mid Cap Fund - Direct Plan
The only mid cap mutual fund in the list has given annualised SIP returns of 27.29 per cent, while its lump sum returns during the same period are 22.11 per cent. The NAV's price is Rs 275.7654. Benchmarked against NIFTY Midcap 150 TRI, the fund's CAGR has been 20.95 per cent since its launch in January 2013. At an expense ratio of 0.62 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
Quant Mid Cap Fund - Direct Plan
The fund's 94.28 per cent investments are in equity, 3.96 per cent in debt, and 1.75 per cent in cash and cash equivalent. In its small portfolio of 26 stocks, the fund has RIL, HDFC Bank, Aurobindo Pharma, and Samvardhana Motherson International as the main stocks. A Rs 25,000 monthly SIP started in the fund 10 years ago has grown to Rs 1,02,07,327.
Invesco India Infrastructure Fund - Direct Plan
The fund has given 26.23 per cent annualised SIP returns in the 10-year period. Its AUM is Rs 1,470 crore, while its net asset value (NAV) is Rs 81.4500. Benchmarked against BSE India Infrastructure TRI, the fund has given a 22.54 per cent CAGR since its inception in January 2013. At an expense ratio of 0.79 per cent, the fund has a minimum lump sum investment of Rs 1,000 and the minimum SIP investment of Rs 500.
Invesco India Infrastructure Fund - Direct Plan
The fund has 98.05 per cent of its investments in equity and 1.95 per cent in cash and cash equivalents. In a portfolio of 45 stocks, the fund has Power Grid, Larsen and Toubro, Jyoti CNC, NTPC, and IRCTC as the main stocks.
A Rs 20,000 monthly SIP in the fund has turned into Rs 96,36,268 in the 10-year period.