New Delhi, Sept. 29 -- A mutual fund SIP works on the principle of investing regularly and allowing returns to compound over time. While short-term returns can fluctuate sharply, a 10-year period can show how equity funds have performed through different market cycles.

For investors seeking long-term wealth creation, the 10-year SIP return is an important metric to consider. Some diversified equity funds have delivered returns above 20% over this period. Here's what you need to know.

Quant Small Cap Fund leads the list with a 10-year return of 25.64%, followed by Nippon India Small Cap Fund at 22.12%. Invesco India Mid Cap Fund and Quant ELSS Tax Saver Fund also delivered returns above 21% during the period.

The list shows that small-c...