Investors often dream of creating wealth through mutual funds, and a systematic investment plan (SIP) is one of the most effective ways to achieve this. By investing a fixed amount regularly, investors not only develop financial discipline but also benefit from rupee cost averaging and compounding. The big question is – can a simple SIP of ₹ 10,000 per month actually turn into over ₹ 1 crore in 15 years? The answer is yes. Certain high-performing mutual funds have consistently delivered impressive SIP returns over the last 15 years, transforming disciplined investments into multi-crore wealth. In this article, we will explore what mutual funds are, what SIP means in mutual funds, how we shortlisted these funds, and finally, take a deep dive into 10 mutual funds that turned ₹ 10,000 SIP into over ₹ 1 crore in 15 years.
Earlier we wrote about 12 Mutual Funds Outperformed in Last 2 Years with 75% to 118% Returns
What are Mutual Funds?
Mutual funds pool money from multiple investors and invest in equities, debt, or hybrid instruments. They are managed by professional fund managers with the objective of delivering returns in line with the fund’s mandate.
What is SIP in Mutual Funds?
A Systematic Investment Plan (SIP) allows investors to invest a fixed sum at regular intervals (monthly/quarterly) in mutual fund schemes. SIP is a popular route because it reduces the risk of market timing and allows wealth creation through the power of compounding.
SIP is powerful. Check out our earlier article on How to Create a ₹ 10 Crore Wealth with ₹ 25,000 Mutual Fund SIP’s?
How We Filtered These Funds
- We considered only regular plans since direct plans were not available 15 years back.
- We filtered schemes that have completed 15 years of performance history.
- We picked funds that generated over 19% SIP returns in 15 years, where ₹ 10,000 monthly SIP grew beyond ₹ 1 crore.
List of 10 Mutual Funds That Turned ₹ 10,000 SIP into Over ₹ 1 Crore in 15 Years
| Mutual Fund | 15 Yr SIP Return (XIRR) | Total Investment | Value Grown To |
|---|---|---|---|
| SBI Small Cap Fund | 21.5% | 18 Lakhs | ₹ 1.33 Cr |
| Edelweiss Mid Cap Fund | 20.8% | 18 Lakhs | ₹ 1.24 Cr |
| Invesco India Mid Cap Fund | 20.6% | 18 Lakhs | ₹ 1.21 Cr |
| DSP Small Cap Fund | 20.3% | 18 Lakhs | ₹ 1.17 Cr |
| Kotak Midcap Fund | 20.2% | 18 Lakhs | ₹ 1.16 Cr |
| HDFC Mid Cap Fund | 20.1% | 18 Lakhs | ₹ 1.15 Cr |
| Franklin Build India Fund | 20.1% | 18 Lakhs | ₹ 1.15 Cr |
| Mirae Asset Large & Midcap Fund | 19.8% | 18 Lakhs | ₹ 1.11 Cr |
| Quant Small Cap Fund | 19.3% | 18 Lakhs | ₹ 1.05 Cr |
| Franklin India Small Cap Fund | 19.3% | 18 Lakhs | ₹ 1.05 Cr |
Deep Dive into Each Fund
#1 – SBI Small Cap Fund
- Fund Objective: Focuses on long-term capital growth by investing in small-cap companies with high growth potential.
- SIP Returns:
- 3 Years: 14.0%
- 5 Years: 17.7%
- 10 Years: 19.3%
- 15 Years: 21.5%
- Who Can Invest: Investors with high risk appetite and long-term horizon.
- Risk Factors:
- High volatility
- Sensitive to market cycles
- Suitable only for aggressive investors
#2 – Edelweiss Mid Cap Fund (Regular Plan)
- Fund Objective: Aims to generate long-term wealth by investing primarily in mid-cap companies.
- SIP Returns:
- 3 Years: 25.3%
- 5 Years: 24.9%
- 10 Years: 21.3%
- 15 Years: 20.8%
- Who Can Invest: Investors looking for a balance between risk and long-term wealth creation.
- Risk Factors:
- Mid-cap volatility
- Sensitive to economic slowdown
Earlier we listed this fund under 6 Mutual Funds That Turned ₹ 1 Lakh Into Over ₹ 6 Lakhs in 10 Years.
#3 – Invesco India Mid Cap Fund
- Fund Objective: Seeks capital appreciation by investing in quality mid-cap companies with growth potential.
- SIP Returns:
- 3 Years: 30.1%
- 5 Years: 26.7%
- 10 Years: 21.6%
- 15 Years: 20.6%
- Who Can Invest: Investors with a medium to long-term outlook and moderate to high risk appetite.
- Risk Factors:
- Mid-cap focused
- High short-term volatility
#4 – DSP Small Cap Fund (Regular Plan)
- Fund Objective: To generate long-term returns by investing in small-cap companies with scalable businesses.
- SIP Returns:
- 3 Years: 19.3%
- 5 Years: 21.3%
- 10 Years: 19.3%
- 15 Years: 20.3%
- Who Can Invest: Aggressive investors who can handle volatility.
- Risk Factors:
- Small-cap risks
- Sector-specific downturns
#5 – Kotak Midcap Fund (Regular Plan)
- Fund Objective: To deliver capital appreciation by investing predominantly in mid-cap companies.
- SIP Returns:
- 3 Years: 22.7%
- 5 Years: 22.8%
- 10 Years: 20.3%
- 15 Years: 20.2%
- Who Can Invest: Long-term investors who want growth with calculated risk.
- Risk Factors:
- Mid-cap volatility
- Market correction risk
This is among the Best Mutual Funds Recommended by Deep Seek AI.
#6 – HDFC Mid Cap Fund (Regular Plan)
- Fund Objective: Seeks long-term wealth by investing in mid-cap stocks with proven business models.
- SIP Returns:
- 3 Years: 23.0%
- 5 Years: 24.8%
- 10 Years: 20.6%
- 15 Years: 20.1%
- Who Can Invest: Investors with moderate to high risk tolerance and long-term horizon.
- Risk Factors:
- Market-driven volatility
- Limited large-cap cushion
#7 – Franklin Build India Fund (Regular Plan)
- Fund Objective: A thematic fund focusing on infrastructure and related sectors in India.
- SIP Returns:
- 3 Years: 23.8%
- 5 Years: 26.6%
- 10 Years: 20.7%
- 15 Years: 20.1%
- Who Can Invest: Investors bullish on India’s infrastructure growth story.
- Risk Factors:
- Thematic risk (infra focus)
- High sensitivity to government policies
#8 – Mirae Asset Large & Midcap Fund (Regular Plan)
- Fund Objective: Invests in both large and midcap companies for a blend of stability and growth.
- SIP Returns:
- 3 Years: 15.4%
- 5 Years: 15.8%
- 10 Years: 17.3%
- 15 Years: 19.8%
- Who Can Invest: Moderate risk investors seeking balanced growth.
- Risk Factors:
- Market cycles
- Large-cap underperformance risk
This fund is part of 10 Mutual Funds That Turned ₹ 1 Lakh Into Over ₹ 10 Lakhs in 15 Years.
#9 – Quant Small Cap Fund
- Fund Objective: Aggressively invests in small-cap stocks to generate high long-term returns.
- SIP Returns:
- 3 Years: 18.3%
- 5 Years: 24.7%
- 10 Years: 24.7%
- 15 Years: 19.3%
- Who Can Invest: Very aggressive investors with high risk appetite.
- Risk Factors:
- Extremely volatile
- High downside risk in market corrections
#10 – Franklin India Small Cap Fund (Regular Plan)
This fund is among the 20 Equity Mutual Funds that has high Alpha and Low Beta
- Fund Objective: Long-term capital appreciation through investments in small-cap companies.
- SIP Returns:
- 3 Years: 17.1%
- 5 Years: 21.8%
- 10 Years: 18.4%
- 15 Years: 19.3%
- Who Can Invest: Investors with high risk tolerance and patient long-term vision.
- Risk Factors:
- Small-cap volatility
- Liquidity concerns
Conclusion
The data clearly shows that consistent investing through SIPs in quality mutual funds can transform ₹ 10,000 per month into over ₹ 1 crore in 15 years. Most of these wealth-creating funds are from small-cap and mid-cap categories, which naturally carry higher risk but also deliver superior long-term returns. Investors must align their risk appetite and investment horizon before choosing such funds.
If your goal is wealth creation, start your SIPs today, stay disciplined, and let compounding do the magic.
- 10 Mutual Funds Turn ₹ 10,000 SIP into Over ₹ 1 Crore in 15 Years - August 27, 2025
- How Inflation is Quietly Undermining Your Long-Term Wealth? - August 26, 2025
- 10 Debt Mutual Funds Outperformed in Last 1 Year with 10% to 24% Returns in 2025 - August 24, 2025
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