Rs.1,000 monthly SIP became Rs.4.67 lakh in 10 years: Which diversified equity mutual fund delivered the highest returns?
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 looking at long-term wealth creation, the 10-year SIP return is therefore an important metric to examine. 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 ...
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