Top 7 Small Cap Mutual Funds With Highest SIP Returns in 15 Years: Rs 8,333 monthly SIP in No. 1 fund has jumped to Rs 1.10 crore
Top 7 small cap mutual funds with best SIP returns in 15 years: Small cap mutual funds need to have at least 65 per cent of their investments in small cap stocks. The small cap mutual fund category has been the top equity fund category in 10 years with 19.26 per cent annualised returns (CAGR). The category's annualised returns in 1, 3, and 5 years have been 40.10 per cent, 21.55 per cent, and 32.26 per cent, respectively.
Top 7 Small Cap Mutual Funds With Highest SIP Returns in 15 Years: The small cap mutual fund is a unique equity fund category that performs excellently when the market is rising and falls sharply when the market is declining. It is a category whose performance in the short term, when the market is faring poorly, may make it appear to be a loser, but in the long run, the category can deliver high returns. Looking at its performance in the last decade, the small cap mutual fund category has given 19.26 per cent annualised returns (CAGR) in the 10-year period to be the table topper among all equity funds, as per Value Research data. The category has given 40.10 per cent returns in 1 year, 21.55 per cent in 3 years, and 32.26 per cent in 5 years. In this write-up, we will give the list of the top 7 small cap mutual funds with the highest annualised SIP returns (XIRR) in 15 years and how the Rs 8,333 monthly SIP in each fund, or total investment of 15 years, has grown in that period.
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SBI Small Cap Fund
The fund at the No.1 position has given 23.61 per cent annualised SIP return in 15 years.
It has assets under management (AUM) of Rs 33,069 crore, while the fund's net asset value (NAV) is Rs 181.1712.
Benchmarked against BSE 250 SmallCap TRI, the scheme has given 21.17 per cent annualised returns (CAGR) since its launch in September 2009.