Top 5 equities mutual fund schemes based on 10-year SIP returns

Mutual funds are becoming more popular among indirect stock market participants because they offer the option of investing monthly, quarterly, or half-yearly through a Systematic Investment Plan (SIP). Those people who do not have a lump sum amount to invest might use this SIP option to invest and amass a significant amount over time.

We've compiled a list of the top 5 best-performing equities mutual fund schemes for SIP investors over the previous ten years:

1] Nippon India Small Cap Fund: Over the last ten years, this growth fund has outperformed its category average. This small-cap fund has offered SIP investors a 28.25 percent annual return over the last five years, with an absolute return of more than 100 percent. Similarly, SIP participants have received roughly 25.65% annual return on their money over the last ten years, but this mutual fund program

has provided more than 290 percent absolute return to its SIP clients over the last ten years.

The category average return over the previous ten years has been roughly 18.50 percent, but this small-cap fund has returned more than 25.50 percent to its one-time lump sum clients.

2] SBI Small Cap Fund: This regular growth plan is also one of the top 5 SIP schemes. In the last five years, this plan has provided SIP investors with an annual return of roughly 24.30 percent, with an absolute return of 82.64 percent. Similarly, during the last ten years, this plan has provided SIP investors with an annualised return of somewhat more than 25%, while the absolute return has been near 277.80%.

3] Mirae Asset Emerging Bluechip Fund: This growth plan invests in Indian equities to the tune of 99.54 percent, with 48.87 percent in large-cap stocks, 24.8 percent in mid-cap stocks, and 7.37 percent in small-cap stocks. This mutual fund scheme has returned roughly 23.65% over the previous ten years, while the category average return has been around 16%.

In the last ten years, this program has provided SIP investors with a 22.85% annual return, with an absolute return of 234.50%.

4] Kotak Small Cap Fund: This fund invests 94.93 percent of its assets in Indian companies, with 2.02% in large-cap, 11.65% in mid-cap, and 68.45% in small-cap stocks. This plan is best suited for investors who plan to invest for at least 3-4 years. This small-cap plan has provided a 29 percent yearly return to its SIP members over the last five years, while also providing a 104 percent absolute return.

5] Quant Tax Plan: This ELSS growth fund invests 90.16 percent of its assets in Indian stocks, with 44.32 percent in large-cap stocks, 18.03 percent in mid-cap stocks, and 18.31 percent in small-cap stocks. This plan has produced a substantially higher return than the category average of 15.40 percent over the last ten years.

This programme has provided SIP investors with an annual return of roughly 24.80 percent, with an absolute return of 271.85 percent during the same time span.