Top 10 equity mutual funds that gave highest SIP returns in last 7 years

May 06, 2024, 06:18:51 PM IST

Around 166 equity mutual funds have completed seven years in the market. Here are the top 10 schemes that delivered the highest returns on SIP investments in the last seven years, according to the data by ACE MF.

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Toppers from one fund house

The three toppers in the list were from one fund house – Quant Mutual Fund. Quant Small Cap Fund, Quant Mid Cap Fund, and Quant ELSS Tax Saver Fund gave 37.30%, 31.84%, and 30.37% returns, respectively on SIP investments in the last seven years.

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Nippon India Small Cap Fund

This largest scheme in the smallcap category gave a 30.23% return on SIP investments in the last seven years.

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The other two from Quant Mutual Fund

Two schemes – Quant Flexi Cap Fund and Quant Active Fund – gave an XIRR of 29.25% and 28.43% on SIP investments in the last seven years.

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Motilal Oswal Midcap Fund

This midcap fund gave 27.06% XIRR on SIP investments in the said period. A monthly SIP of Rs 10,000 would have been Rs 21.59 lakh.

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This contra fund gave an XIRR of 26.24% in the last seven years on the SIP investments. A monthly SIP of Rs 10,000 would have turned to Rs 21.27 lakh.

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HSBC Small Cap Fund

This smallcap fund gave an XIRR of 26.10% in the last seven years on SIP investments.

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Quant Large & Mid Cap Fund

This large & mid cap fund by Quant Mutual Fund gave 26.05% XIRR in the last seven years on SIP investments. A monthly SIP of Rs 10,000 would have been Rs 20.85 lakh now.

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