5 Mutual Funds that Generated Rs 1.6 to 1.9 Crores from 10K SIP in 20 Years

Mutual Funds always reward investors in medium to long term. Do you know that investment in mutual funds for the long term has created enormous wealth for investors. Investors who invested through SIP in the last 20 years has created massive wealth. In this article we would talk about 5 Mutual Funds that turned 10K SIP between Rs 1.6 to Rs 1.9 Crores. We would also provide our view about who can invest in such mutual funds.

How we filtered these mutual funds?


Considered all equity mutual funds excluding sector funds.

Checked funds that generated highest SIP returns in the last 20 years and filtered Top 5 funds from there.

Earlier we covered 10 mutual funds that turned 10K SIP up to Rs 52 Lakhs in 10 years

5 Mutual Funds that turned 10K SIP between Rs 1.6 to Rs 1.9 Crores

Top 5 Mutual Funds that grown 10K SIP upto Rs 1.9 Crores


Here is the list of mutual funds, where they invest, fund performance and who can invest in these funds.

#1 – Sundaram Mid Cap Fund


Where does this fund invest?

This fund invests in mid-cap stocks. The fund defines ‘midcap’ as a stock whose market capitalization shall not exceed the market capitalization of the 50th stock (after sorting the securities in the descending order of market capitalization) listed with the NSE.

How did this fund performed?

Annualised Returns

Last 3 years – 28%

Last 5 years – 11%

Last 10 years – 18%

Last 20 years – 23%

SIP Returns (Annualised)

Last 3 years – 20%

Last 5 years – 18%

Last 10 years – 14%

Last 20 years – 17.6% (Rs 10K SIP per month turned Rs 1.9 Crores)

Our View about this fund

This mutual fund invests in midcap stocks which are at high risk. This fund is a consistent performer in the medium to long term. High risk investors who are willing to invest for a medium to long term can invest through SIP. If your time horizon is < 5 years, you should avoid such funds. If you can invest only 5,000 per month through SIP, you can still become Crorepati.

#2 – Nippon India Growth Fund


Even this is a mid cap fund. The primary investment objective of the scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach.

How did this fund performed?

Annualised Returns

Last 3 years – 34%

Last 5 years – 18%

Last 10 years – 19%

Last 20 years – 22.8%

SIP Returns (Annualised)

Last 3 years – 24%

Last 5 years – 24%

Last 10 years – 18%

Last 20 years – 17.5% (Rs 10K SIP per month turned Rs 1.85 Crores)

Our View about this fund

Even this mutual fund invests in midcap stocks which are at high risk. This mutual fund is a consistent performer in the medium to long term of 5 years to 20 years. If you are a high risk investor, you can invest for a medium to long term. Again, don’t invest for short term.

#3 – Quant Active Fund


This is a multicap mutual fund that invests in a portfolio of large Cap, mid cap and smallcap companies.

How did this fund performed?

Annualised Returns

Last 3 years – 36%

Last 5 years – 21%

Last 10 years – 22%

Last 20 years – 19.5%

SIP Returns (Annualised)

Last 3 years – 21%

Last 5 years – 26%

Last 10 years – 21%

Last 20 years – 16.8% (Rs 10K SIP per month turned Rs 1.7 Crores)

Our View about this fund

This is a multicap mutual fund which invests in large cap, midcap and smallcap with minimum of 25% per category. This fund too performed well in short to medium to long term. I am not a big fan of multicap funds owing to the limits in their investment strategy. Since it invests in midcap and smallcap stocks too, this fund is considered as high risk. If you have a high risk appetite and willing to invest for a medium to long term, you can invest through SIP.

#4 – Tata Midcap Growth Fund


Even this is a mid cap mutual fund. This equity fund which invests predominantly in equity and equity related securities of well researched growth oriented mid cap stocks.

How did this fund performed?

Annualised Returns

Last 3 years – 28%

Last 5 years – 16%

Last 10 years – 20%

Last 20 years – 19.6%

SIP Returns (Annualised)

Last 3 years – 19%

Last 5 years – 20%

Last 10 years – 16%

Last 20 years – 16.5% (Rs 10K SIP per month turned Rs 1.6 Crores)

Our View about this fund

Even this mutual fund invests in mid cap stocks and are riskier. This mutual fund is a consistent performer in the short term, medium and long term of 3 years to 20 years. High risk appetite investors can invest in such funds. Investors looking for quick bucks or short term investors should avoid such funds.

#5 – Franklin India Prima Fund


Even this is a mid cap mutual fund that invests in mid cap stocks.

How did this fund performed?

Annualised Returns

Last 3 years – 26%

Last 5 years – 12%

Last 10 years – 18%

Last 20 years – 20.1%

SIP Returns

Last 3 years – 18%

Last 5 years – 17%

Last 10 years – 16%

Last 20 years – 16.4% (Rs 10K SIP per month turned Rs 1.58 Crores)

Our View about this fund

Even this mutual fund invests in mid cap stocks and risky. Even this fund is a consistent performer in the short term, medium and long term. High risk appetite investors can invest in such midcap funds for 5 to 10 years time frame.

What did we learn from this list?

If you observe, 4 out of 5 mutual funds are mid cap funds. I always say that midcap or small cap mutual funds reward investors with superior returns. As an example, if you want to create Rs 100 Crores through SIP mutual funds, you need to have midcap and smallcap funds in your portfolio. However, these are riskier too. In the short term, these funds can underperform the index, however in medium to long term, these are always rewarded with handsome returns. Again, only high risk appetite investors should invest in such mid cap or small cap funds.

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Suresh KP

4 comments

  1. Interesting data analysis. Just a suggestion : how have these funds/(SIPs) fared in the same timeframe wrt their respective stated Benchmarks ?? A comparitive data shall give the true picture.

    thanks

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