Top SIP Mutual Fund in 10 Years: Systematic Investment Plan (SIP) is a popular method of mutual fund investing for people who don't have a large amount to invest in a lump sum. SIP allows one to invest as little as Rs 100 a month in some of the funds. There is no upper band limit, and one can invest any amount in SIP. It gives compound growth to investors, which increases their money many folds if they stick to their investments in the long term.
SIP also provides rupee cost averaging, where an investor purchases more units of net asset value (NAV) when the market is down and buys less when the market is up.
The difference in the rates of NAVs helps them average out losses in the long run.
In this write-up, we present the seven best-performing SIP mutual funds in the last 10 years and what a Rs 10,000 SIP in each of the funds would have given you in 10 years (based on Value Research data).
Quant Small Cap Fund - Direct Plan
The fund from Quant has stood out performance-wise in the last 10 years.
It has given an SIP XIRR of 28.51 per cent in the last one decade.
Benchmarked against S&P BSE 250 SmallCap TRI, the small-cap fund has an NAV of Rs 271.3958.
The fund's 93.75 per cent investments are in equities.
While its major investments, 36.57 per cent are in small caps, the second-biggest chunk, 35.13 per cent are in mid caps.
The fund has invested 26.09 per cent of its funds in giants (stocks that form the total of 50 per cent of the total market capitalisation.
In a portfolio of 91 stocks, Reliance Industry Limited, Jio Financials, IRB Infrastructure Developers, and Hindustan Copper are its biggest stocks.
A Rs 10,000 SIP in the fund in 10 years, a total of Rs 12 lakh, has turned into Rs 54,04,559 as of today's date.
Quant Infrastructure Fund - Direct Plan
Another fund from Quant has given 28.33 per cent XIRR in the last decade.
Benchmarked against S&P BSE India Infrastructure TRI, the fund has an NAV of Rs 45.1710.
It has 91.71 per cent of its investments in equities, out of which 18.90 per cent are in large caps, 20.12 per cent in mid caps, 17.34 per cent in small caps.
The fund has a bouquet of 37 stocks with RIL, Kotak Bank, Adani Power, and Jio Financials as its main stocks.
A Rs 10,000 SIP in the fund has given a total of Rs 53,51,950 in the 10-year period.
Quant ELSS Tax Saver Direct Plan
Funds from Quant Mutual Fund have grabbed the first three spots with the ELSS fund being one of the top performers.
The fund has given 27.35 per cent XIRR in the 10-year period.
Benchmarked against S&P BSE 500 TRI, the ELSS fund has a Rs 423.5002 NAV.
The fund has 95.05 per cent of its investments in equities with 36.00 per cent in large caps, 14.44 per cent in mid caps and 1.47 per cent in small caps.
Among the 39 stocks that it has in its portfolio, RIL, Adani Power, Jio Financial, and Hindalco are its main stocks.
An investor who has been investing Rs 10,000 in SIP every month has Rs 50,76,531 in their portfolio.
Nippon India Small Cap Fund - Direct Plan
One of the most consistent small-cap funds in terms of performance has given SIP returns of 27.05 per cent in the last 10 years.
The fund is benchmarked against S&P BSE 250 SmallCap TRI and has its NAV at Rs 175.6528.
The fund's 95.54 per cent funds are in equities with 43.45 per cent of them in mid caps, 39.07 per cent in small caps and 9.62 per cent in large caps.
It has a large number of stocks, at 202, in its portfolio.
The top stocks in the fund's portfolio are Tube Investments, HDFC Bank, Voltamp Transformers, and Apar Industries.
Quant Mid Cap Direct Plan
Out of five, there are only four mutual funds from Quant Mutual Fund.
Its mid-cap stock has given SIP returns of 26.63 per cent in the 10-year period.
It has an NAV of Rs 263.7411, while its benchmark is S&P BSE 150 MidCap TRI.
The fund's 97.41 per cent investments are in equity with 47.41 per cent of them in large caps and 27.86 per cent in mid caps.
The fund has 32 stocks in its portfolio with RIL, Aurobindo Pharma, Linde India, and Concor as its main stocks.
An SIP of Rs 10,000 a month for the last 10 years has given a total of Rs 48,85,735 to an investor in the last decade.
Invesco India Infrastructure Fund - Direct Plan
The infra fund has given a 24.73 per cent return in the 10-year period.
The fund's benchmark is S&P BSE India Infrastructure TRI, while its NAV stands at Rs 74.2500.
The fund's 98.57 per cent investments are in equities, out of which 26.01 per cent in large caps, 39.65 per cent in mid caps, and 7.43 per cent in small caps.
Out of 45 stocks it holds in its portfolio, Power Grid of India, Larsen & Toubro, Tata Power, and NTPC are its top holdings.
If one had started a Rs 10,000 SIP in the fund 10 years ago, they would have got Rs 44,10,415 from their investment by today's date.
ICICI Pru Infrastructure Direct Plan
Another sectoral fund in the list and the only one from ICIC Mutual Fund has a 10-year XIRR of 23.73 per cent.
Benchmarked against S&P BSE India Infrastructure TRI index, the fund's NAV is worth Rs 193.5700.
The fund's 94.77 per cent investments are in equities with 15.19 per cent in large caps, 29.02 per cent in mid caps and 15.19 per cent in small caps.
In a portfolio of 61 stocks, NTPC, Larsen & Toubro, ICICI Bank ad HDFC Bank are its main holdings.
A Rs 10,000 SIP started 10 years ago in the infra fund has grown to a total of Rs 41,80,116 in today's date.
