7 Equity Funds Beat 20% SIP Returns: Your Investment Guide
By ThePip Desk
Discover the 7 top-performing equity funds that delivered over 20% annualized SIP returns in a decade. Small and mid-cap funds lead the pack. Learn what it means for your investments.
If you’re looking for impressive long-term returns, only seven diversified equity mutual funds in India have managed to deliver over 20% annualised SIP returns in the past decade, excluding sectoral and thematic schemes.
A consistent monthly investment of ₹10,000 into these top-performing schemes could have grown into a significant corpus for you.
Understanding the Key Numbers
- A ₹10,000 monthly SIP in these funds could have grown to between ₹34.8 lakh and ₹38.8 lakh.
- The list of high-performing funds is dominated by small-cap and mid-cap schemes.
- Specifically, four mid-cap funds and three small-cap funds made the cut.
- No large-cap, flexi-cap, multi-cap, focused, or value-oriented equity funds achieved this 20% annualised SIP return threshold.
The Top Performers You Should Know
Nippon India Small Cap Fund stands out as the leading performer, delivering a 22.21% annualised SIP return over 10 years.
This performance would have turned your ₹10,000 monthly SIP into approximately ₹38.8 lakh.
- Invesco India Mid Cap Fund: 21.97% return, ₹38.3 lakh corpus.
- Edelweiss Mid Cap Fund: 21.52% return, ₹37.4 lakh corpus.
- Nippon India Growth Mid Cap Fund: 20.95% return, ₹36.2 lakh corpus.
- Axis Small Cap Fund: 20.66% return, ₹35.7 lakh corpus.
- Union Small Cap Fund: 20.28% return, ₹34.9 lakh corpus.
- HDFC Mid Cap Fund: 20.21% return, ₹34.8 lakh corpus.
These impressive funds also maintained relatively low base expense ratios, ranging from 0.41% to 0.79%.
Funds That Nearly Hit the Mark
While only seven funds crossed the 20% mark, several others came close, showing strong performance over the decade.
- ICICI Prudential Midcap Fund recorded a 10-year annualised SIP return of 19.39%.
- HSBC Midcap Fund achieved 19.24%.
- Invesco India Large & Mid Cap Fund: 19.03% annualised SIP return.
- Baroda BNP Paribas Midcap Fund: 18.83% annualised SIP return.
- HDFC Flexi Cap Fund: 17.75% annualised SIP return.
- Parag Parikh Flexi Cap Fund: 17.65% annualised SIP return.
This data gives you a clear picture of how different fund categories have performed in the long run, especially if you’re planning your own SIP journey.