Six equity mutual funds have delivered exceptional returns, multiplying investors’ SIP investments by over 1.8 times in the past five years. Among 208 funds with a five-year track record, the rest generated returns ranging from 1.25 to 1.79 times over the same period.
Motilal Oswal Midcap Fund, the topper in the list, multiplied the SIP investment by 1.95 times in the last five years. In other words, a SIP investment made in the fund five years ago of Rs 10,000 would have been Rs 11.67 lakh now with an XIRR of 27.07%.
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Bandhan Small Cap Fund multiplied the same SIP investment by 1.92 times in the said time period. The fund gave an XIRR of 26.49% respectively in the last five years. Invesco India Midcap Fund multiplied the SIP investment of Rs 10,000 by 1.87 times to Rs 11.22 lakh with an XIRR of 25.41% in the last five years.
Motilal Oswal Large & Midcap Fund multiplied the SIP investment by 1.84 times in the last five years. A SIP investment of Rs 10,000 in this fund would have been Rs 11.04 lakh now with an XIRR of 24.73% in the last five years.
HDFC Mid Cap Fund, the largest mid-cap fund based on assets managed, turned the same SIP investment of Rs 10.91 lakh, multiplying the investment by 1.82 times with a XIRR of 24.23% in the mentioned time horizon.
The next in the list was Invesco India Smallcap Fund which multiplied the SIP investment by 1.81 times with an XIRR of 24.04% in the last five years.
Other equity funds
Nippon India Growth Mid Cap Fund and Edelweiss Mid Cap Fund multiplied the investment by 1.79 times each in the last five years. Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, multiplied investors’ SIP investment by 1.77 times in the last five years, followed by HDFC Flexi Cap Fund, which multiplied the investment by 1.76 times.
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Two funds from Nippon India Mutual Fund - Nippon India Small Cap Fund and Nippon India Multi Cap Fund - multiplied investors’ SIP investments by 1.75 times each.
The oldest and largest contra fund, SBI Contra Fund, multiplied the investment by 1.67 times with a XIRR of 20.56% in the said time period.
Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund, multiplied the SIP investment by 1.61 times and delivered a XIRR of 19.31% in the last five years.
Quant Mid Cap Fund multiplied the SIP investment by 1.55 times each. Two funds from SBI Mutual Fund - SBI Midcap Fund and SBI Small Cap Fund, multiplied the same SIP investment by 1.50 times each in the last five years.
Four ELSS funds - Bandhan ELSS Tax Saver Fund, Quantum ELSS Tax Saver Fund, Union ELSS Tax Saver Fund and Edelweiss ELSS Tax Saver Fund - multiplied the SIP investments by 1.48 times, 1.48 times, 1.47 times and 1.47 times, respectively.
Two funds from Shriram Mutual Fund - Shriram Flexi Cap Fund and Shriram ELSS Tax Saver Fund - multiplied the SIP investment by 1.29 times each in the last five years.
Motilal Oswal Focused Fund was the last one in the list and multiplied the SIP investment by 1.25 times and gave a XIRR of 9.01% in the said time period.
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We considered all equity funds. We considered regular and growth options. We calculated the SIP investment performance in the last five years.
Note: the above exercise is not a recommendation. The exercise was done to find which equity mutual funds multiplied the SIP investments by more than 1.80 times in the last five years.
One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goals before making a decision.
Motilal Oswal Midcap Fund, the topper in the list, multiplied the SIP investment by 1.95 times in the last five years. In other words, a SIP investment made in the fund five years ago of Rs 10,000 would have been Rs 11.67 lakh now with an XIRR of 27.07%.
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Bandhan Small Cap Fund multiplied the same SIP investment by 1.92 times in the said time period. The fund gave an XIRR of 26.49% respectively in the last five years. Invesco India Midcap Fund multiplied the SIP investment of Rs 10,000 by 1.87 times to Rs 11.22 lakh with an XIRR of 25.41% in the last five years.
Motilal Oswal Large & Midcap Fund multiplied the SIP investment by 1.84 times in the last five years. A SIP investment of Rs 10,000 in this fund would have been Rs 11.04 lakh now with an XIRR of 24.73% in the last five years.
HDFC Mid Cap Fund, the largest mid-cap fund based on assets managed, turned the same SIP investment of Rs 10.91 lakh, multiplying the investment by 1.82 times with a XIRR of 24.23% in the mentioned time horizon.
The next in the list was Invesco India Smallcap Fund which multiplied the SIP investment by 1.81 times with an XIRR of 24.04% in the last five years.
Other equity funds
Nippon India Growth Mid Cap Fund and Edelweiss Mid Cap Fund multiplied the investment by 1.79 times each in the last five years. Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, multiplied investors’ SIP investment by 1.77 times in the last five years, followed by HDFC Flexi Cap Fund, which multiplied the investment by 1.76 times.
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Two funds from Nippon India Mutual Fund - Nippon India Small Cap Fund and Nippon India Multi Cap Fund - multiplied investors’ SIP investments by 1.75 times each.
The oldest and largest contra fund, SBI Contra Fund, multiplied the investment by 1.67 times with a XIRR of 20.56% in the said time period.
Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund, multiplied the SIP investment by 1.61 times and delivered a XIRR of 19.31% in the last five years.
Quant Mid Cap Fund multiplied the SIP investment by 1.55 times each. Two funds from SBI Mutual Fund - SBI Midcap Fund and SBI Small Cap Fund, multiplied the same SIP investment by 1.50 times each in the last five years.
Four ELSS funds - Bandhan ELSS Tax Saver Fund, Quantum ELSS Tax Saver Fund, Union ELSS Tax Saver Fund and Edelweiss ELSS Tax Saver Fund - multiplied the SIP investments by 1.48 times, 1.48 times, 1.47 times and 1.47 times, respectively.
Two funds from Shriram Mutual Fund - Shriram Flexi Cap Fund and Shriram ELSS Tax Saver Fund - multiplied the SIP investment by 1.29 times each in the last five years.
Motilal Oswal Focused Fund was the last one in the list and multiplied the SIP investment by 1.25 times and gave a XIRR of 9.01% in the said time period.
Also Read | SBI Mutual Fund invests Rs 100 crore in Lenskart in pre IPO-round
We considered all equity funds. We considered regular and growth options. We calculated the SIP investment performance in the last five years.
Note: the above exercise is not a recommendation. The exercise was done to find which equity mutual funds multiplied the SIP investments by more than 1.80 times in the last five years.
One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goals before making a decision.
