Investing in mutual funds for a medium to long term always rewarded investors with handsome returns. In the last 10 years, there are hundred’s of mutual funds that have performed well and generated wealth for mutual fund investors. In this article we would provide 10 Mutual Funds that turned 10K SIP between 38 Lakhs to 52 Lakhs in 10 years time frame. We would also provide our view about these mutual fund schemes.
Also Read: How to Create Rs 1 Crore with 5,000 monthly SIP?
How we filtered these mutual funds?
- We have considered all equity mutual funds excluding sector funds or thematic mutual funds.
- Filtered funds that have grown to highest value for 10K SIP per month in 10 year time frame.
- Considered direct plans in mutual funds only.
- We could observe majority of them are small cap mutual funds that generated superior wealth to investors. Out of Top 10 Funds, we could see 7 are small cap funds, 1 ELSS fund, 1 multicap fund and 1 flexicap fund
We have also provided our view about these funds.
List of Top 10 Mutual Funds – 10K SIP – Turned between 38 to 52 Lakhs in 10 years
Here is the list of mutual funds that turned 10K SIP into highest value upto Rs 52 Lakhs in the last 10 years among direct plans. The investment would have been Rs 12 Lakhs (10,000 x 12 months x 10 years) and this turned into specific amounts indicated below.
#1 – Nippon India Small Cap Fund – Rs 52.5 Lakhs
#2 – SBI Small Cap Fund – Rs 47.8 Lakhs
#3 – Quant Tax Plan – Rs 47.2 Lakhs
#4 – Quant Small Cap Fund – Rs 43.6 Lakhs
#5 – Quant Active Fund – Rs 41.9 Lakhs
#6 – Kotak Small Cap Fund – Rs 41.6 Lakhs
#7 – Quant Flexi Cap Fund – Rs 41.35 Lakhs
#8 – HDFC Small Cap Fund – Rs 39.5 Lakhs
#9 – DSP Small Cap Fund – Rs 38.7 Lakhs
#10 – Kotak Emerging Equity Fund – Rs 38.2 Lakhs
10 Mutual Funds – 10K SIP turned between 38.2 Lakhs to 52.5 Lakhs – Fund Details and Performance
Let’s get into more details about these funds.
#1 – Nippon India Small Cap Fund
This mutual fund invests in small cap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 14.4 Lakhs.
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 52.5 Lakhs.
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.82% for direct plans.
Exit load is 1% for redemptions within 30 days.
Our View: This small cap fund has been a consistent performer in the long term. Since it invests in small cap stocks, these are high risk. If you are a high risk investor, investing in such funds can create good wealth in medium to long term.
#2 – SBI Small Cap Fund
Even this mutual fund invests in small cap stocks in India.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 11.9 Lakhs.
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 47.8 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.73% for direct plans.
Exit load is 1% for redemptions within 365 days.
Our View: Even this small cap fund has been a consistent performer. Since it invests in small cap stocks, these are high risk. If you are a high risk investor, investing in such smcallcap funds can create good wealth in medium to long term.
#3 – Quant Tax Plan
This is an ELSS mutual fund that provides income tax benefits u/s 80c up to Rs 1.5 Lakhs.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 13.5 Lakhs.
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 47.2 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.57% for direct plans.
This fund has lock-in period of 3 years and hence cannot be redeemed within 3 years.
Our View: This ELSS Tax Saving Fund is a consistent performer in the medium to long term. This fund has lock-in period of 3 years time. If you are looking to save income tax u/s 80c to Rs 1.5 Lakhs, you can invest in such Top Performing Tax Saving Funds considering the fact that it has a lock-in period.
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#4 – Quant Small Cap Fund
Even this mutual fund invests in small cap stocks in India.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 17.9 Lakhs
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 43.6 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.62% for direct plans.
Exit load is 1% for redemptions within 365 days.
Our View: Even this small cap fund has been a consistent performer in the long term. It invests in small cap stocks which are at high risk. If you are a high risk investor, investing in such small cap mutual funds can create wealth in medium to long term.
#5 – Quant Active Fund
This is multicap fund that invests across large cap, Midcap and smallcap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 12.5 Lakhs.
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 41.9 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.58% for direct plans.
No exit load in this fund.
Our View: This is multicap fund that invests across market cap. I am not a big fan of multicap funds. Since it invests in midcap and smallcap stocks too, it is high risk. If you are a high risk investor, you can invest in such funds.
#6 – Kotak Small Cap Fund
Even this mutual fund invests in small cap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 12.9 Lakhs
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 41.6 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.55% for direct plans.
For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days.
Our View: Even this smallcap fund is a consistent performer in medium to long term. Since it invests in small cap stocks which are at high risk, only high risk appetite investors can invest in such funds.
#7 – Quant Flexi Cap Fund
This is flexicap fund that invests across large cap, Midcap and smallcap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 12.8 Lakhs
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 41.4 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.58% for direct plans.
No exit load in this fund.
Our View: This is flexicap fund that invests in large cap, midcap and smallcap without any restrictions. High risk investors who want to invest across market cap can invest in such funds.
#8 – HDFC Small Cap Fund
Even this mutual fund invests in small cap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 12.6 Lakhs
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 39.5 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.79% for direct plans.
Exit load is 1% for redemptions within 365 days.
Our View: Even this smallcap fund is a consistent performer. High risk investors can invest in such funds.
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#9 – DSP Small Cap Fund
Even this mutual fund invests in small cap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 12.1 Lakhs.
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 38.7 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.94% for direct plans.
Exit load is 1% for redemptions within 364 days.
Our View: Even this too is small cap fund and high risk investors can invest in such funds.
#10 – Kotak Emerging Equity Fund
Even this mutual fund invests in small cap stocks.
With 10K SIP, the amount invested in 5 years is Rs 6 Lakhs which would have grown to Rs 11.1 Lakhs
With 10K SIP, the amount invested in 10 years is Rs 12 Lakhs which would have grown to Rs 38.2 Lakhs
This fund generated highest rolling returns in the last 3 to 5 years.
Its expense ratio is 0.41% for direct plans.
For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days
Our View: Even this smallcap fund invests in small cap stocks and consistent performer in the medium to long term. High risk investors can invest in such funds.
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