Investors always hunt for mutual funds that generated high returns. Time and again it is proven that if investors take some risk, they can be definitely be rewarded in medium to long term. The majority of the midcap and smallcap Mutual funds have rewarded investors with handsome returns. In this article, we would talk about 5 mutual funds that generated highest annualised returns in the last 10 years up to 27%.
Also Read: 5 Mutual Funds with Highest Returns in 1 year
List of Mutual Funds with Highest Annualised Returns in 10 years
Below is the list of mutual funds that generated highest annualised returns in the last 10 years. The returns range between 22.8% to 27.1%. Out of this 3 are from small cap mutual funds, 1 Large and Midcap fund and 1 is an ELSS mutual fund. Here are the annualised returns in the last 3 to 5 years.
| Funds | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|
| Nippon India Small Cap Fund | 49.0% | 16.5% | 27.1% |
| SBI Small Cap Fund | 38.8% | 15.0% | 26.5% |
| Mirae Asset Emerging Bluechip Fund | 29.8% | 14.8% | 23.5% |
| DSP Small Cap Fund | 40.9% | 12.0% | 23.3% |
| Quant Tax Plan | 46.3% | 22.2% | 22.8% |
5 Funds with Highest Annualised Returns in 10 years – Details
#1 – Nippon India Small Cap Fund
The investment objective of the fund is to invest in small cap stocks. Beyond this, it can invest in midcap and largecap stocks too.
This fund currently invests 49% in small cap stocks, 36% in midcap stocks, 16% in largcap stocks and holds the balance in cash.
SIP Returns
Last 3 years SIP returns โ 30%
Last 5 years SIP returns โ 27%
Last 10 years SIP returns โ 23%
Rolling Returns
From a 3 year rolling return perspective, this fund generated:
- Over 12% returns โ 66% of the times
- 1% to 12% returns โ 24% of the times
- Negative returns โ 10% of the times
From a 5 year rolling return perspective, this fund generated:
- Over 12% returns โ 79% of the times
- 1% to 12% returns โ 21% of the times
- Negative returns โ Zero times
This smallcap fund is a consistent performer and generated highest annualised returns, SIP returns and rolling returns perspective. Since it invests in midcap and smallcap stocks, it is high risk fund. If you are a high risk investor and willing to invest for 5 to 10 years time frame, it is one of the best small cap mutual fund schemes to invest now in 2023.
#2 – SBI Small Cap Fund
Even this fund’s strategy is to invest in small cap stocks, however may invest in midcap and largecap segment too.
This fund currently invests 36% in small cap stocks and 64% in mid cap stocks.
SIP Returns
Last 3 years SIP returns โ 22%
Last 5 years SIP returns โ 22%
Last 10 years SIP returns โ 23%
Rolling Returns
From a 3 year rolling return perspective, this fund generated:
- Over 12% returns โ 70% of the times
- 1% to 12% returns โ 30% of the times
- Negative returns โ Zero times
From a 5 year rolling return perspective, this fund generated:
- Over 12% returns โ 90% of the times
- 1% to 12% returns โ 10% of the times
- Negative returns โ Zero times
Even this small cap mutual fund is a consistent performer and generated highest annualised returns, SIP returns and rolling returns perspective. Since it invests in midcap and smallcap stocks, it is high risk fund. If you are a high risk investor and willing to invest for 5 to 10 years time frame, it is one of the best small cap fund schemes for 2023.
#3 – Mirae Asset Emerging Bluechip Fund
This fund invests in large cap and mid cap companies in India.
This fund currently invests 55% in large cap stocks, 40% in mid cap stocks and 4% in small cap stocks.
SIP Returns
Last 3 years SIP returns โ 14%
Last 5 years SIP returns โ 17%
Last 10 years SIP returns โ 19%
Rolling Returns
From a 3 year rolling return perspective, this fund generated:
- Over 12% returns โ 75% of the times
- 1% to 12% returns โ 25% of the times
- Negative returns โ Zero times
From a 5 year rolling return perspective, this fund generated:
- Over 12% returns โ 95% of the times
- 1% to 12% returns โ 5% of the times
- Negative returns โ Zero times
This Large & Midcap mutual fund is a consistent performer and generated highest annualised returns, SIP returns and rolling returns. Since it invests in midcap (along with large cap stocks), it is high risk fund. If you are a high risk investor and willing to invest for 5 years and above, it is one of the best large & midcap funds for 2023.
#4 – DSP Small Cap Fund
Even this mutual fund scheme invests in small cap stocks.
This fund currently invests 2% in large cap stocks, 35% in mid cap stocks and 63% in small cap stocks.
SIP Returns
Last 3 years SIP returns โ 22%
Last 5 years SIP returns โ 21%
Last 10 years SIP returns โ 19%
Rolling Returns
From a 3 year rolling return perspective, this fund generated:
- Over 12% returns โ 64% of the times
- 1% to 12% returns โ 20% of the times
- Negative returns โ 16% of the times
From a 5 year rolling return perspective, this fund generated:
- Over 12% returns โ 63% of the times
- 1% to 12% returns โ 36.5% of the times
- Negative returns โ 0.5% of the times
Even this small cap mutual fund is a consistent performer and generated highest annualised returns, SIP returns and rolling returns perspective. High risk investors can invest in this fund for 8-10 years time frame.
Also Read: 5 Top Rated Mutual Funds from Crisil in 2023
#5 – Quant Tax Plan
The investment objective of the scheme is to generate capital appreciation by investing predominantly in a well diversified portfolio of equity shares with growth potential.
This fund currently invests 78% in large cap stocks, 17% in mid cap stocks and 5% in small cap stocks.
SIP Returns
Last 3 years SIP returns โ 25%
Last 5 years SIP returns โ 27%
Last 10 years SIP returns โ 22%
Rolling Returns
From a 3 year rolling return perspective, this fund generated:
- Over 12% returns โ 80% of the times
- 1% to 12% returns โ 18.5% of the times
- Negative returns โ 1.5% of the times
From a 5 year rolling return perspective, this fund generated:
- Over 12% returns โ 83% of the times
- 1% to 12% returns โ 17% of the times
- Negative returns โ Zero times
This ELSS mutual fund is a consistent performer and generated highest annualised returns, SIP returns and rolling returns perspective. Investors who are looking for tax savings u/s 80c up to Rs 1.5 Lakhs in financial year can invest in such ELSS mutual funds. Pls note there would be 3 years lock-in period for such ELSS mutual funds.
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ANALYSIS IS GOOD, BUT SHOULD INCLUDE SOURCE WEBSITE(S) FROM WHERE DATA HAS BEEN TAKEN.
ANOTHER SUGGESTION IS TO INCLUDE CRISIL /ICRA RATINGS FOR FUNDS WHICH ARE REVIEWED.
Hello Rajesh, Returns are taken from Value Research. Also I verify data from Money Control and AMC websites (wherever possible) before posting. Will see if I can include CRISIL ratings. ICRA does not provide ratings for MF schemes
I can definitely comment on Mirrae asset mutual fund. I held this from last 3 years and investing in SIP mode every month. Recently i sold this fund. Not a single time it gave me a XIRR of >5% which is a clear underperforming for me. I also doubt on the returns mentioned in various websites. I see what ever the mutual fund i have invested their returns were not any where mentioned in the websites. I suggest who ever is holding any mutual gund you cak compare websites and your returns and comment.
I am sure any influencer who ever os suggesting any fund i am sure they might or might not hold before suggesting.
Venu, you can doubt the data on any specific website, but you cannot doubt all website. You can directly visit AMFI website to check NAV too. There are 600 mutual funds, obviously even me too cannot hold all these funds. Stock markets are range bound in last 1.5 years, hence you might not be seeing any returns. This is known fact if you are following stock markets regularly.