Top 5 SIP Mutual Funds That Turned Rs. 20,000 Monthly Investment into Over Rs.1 Crore in 10 Years

Top 5 SIP Mutual Funds: Systematic Investment Plans (SIPs) have become a popular investment choice in India, often preferred over lump sum investments. SIPs allow investors to contribute as little as Rs.100 per month, with the flexibility to adjust contributions based on their financial situation. SIPs offer the advantage of cost-averaging, helping investors navigate market fluctuations over the long term.

This approach also provides compounded growth, making it a reliable method for building a retirement corpus or achieving other financial goals. Below, we explore the top five mutual fund schemes that have delivered outstanding SIP returns over the past 10 years, each turning a Rs.20,000 monthly SIP into at least Rs.1 crore.

Quant Infrastructure Fund - Direct Plan

The Quant Infrastructure Fund has provided a 28.67% annualized SIP return over the past decade. The fund has an AUM of Rs.4,104 crore and an NAV of Rs.46.1308, benchmarked against the NIFTY Infrastructure TRI. Launched in January 2013, the fund has maintained a CAGR of 20.49%. A Rs.20,000 monthly SIP in this fund has grown to Rs.1,09,97,178 in 10 years.

• Expense Ratio: 0.66%
• Minimum Lump Sum Investment: Rs.5,000
• Minimum SIP Investment: Rs.1,000
• Equity Investment: 97.16%
• Debt Investment: 3.88%
• Key Holdings: HDFC Bank, Reliance Industries Limited (RIL), Samvardhana Motherson, Tata Power, LIC, Adani Power.

Quant Small Cap Fund - Direct Plan

The Quant Small Cap Fund has delivered an impressive 29.95% annualized SIP return over the last 10 years. With assets under management (AUM) of Rs.24,530 crore and a net asset value (NAV) of Rs.300.2636, this fund is benchmarked against the NIFTY Smallcap 250 TRI. Since its inception in January 2013, the fund has achieved a compound annual growth rate (CAGR) of 20.56%. A Rs.20,000 monthly SIP in this fund, totaling Rs.24 lakh over 10 years, has grown to Rs.1,17,85,490.

• Expense Ratio: 0.64%
• Minimum Lump Sum Investment: Rs.5,000
• Minimum SIP Investment: Rs.1,000
• Equity Investment: 87.09%
• Key Holdings: Reliance Industries Limited, Jio Financial Services, Aegis Logistics, Aditya Birla Fashion, HFCL.

Nippon India Small Cap Fund - Direct Plan

The Nippon India Small Cap Fund has achieved a 28.56% annualized SIP return over the last 10 years. With an AUM of Rs.60,373 crore and an NAV of Rs.199.3840, the fund is benchmarked against the NIFTY Smallcap 250 TRI. Since its inception in January 2013, it has delivered a CAGR of 28.23%. A Rs.20,000 monthly SIP in this fund has grown to over Rs.1 crore in 10 years.

• Expense Ratio: 0.63%
• Minimum Lump Sum Investment: Rs.5,000
• Minimum SIP Investment: Rs.100
• Equity Investment: 95.93%
• Cash and Cash Equivalents: 4.05%

Quant ELSS Tax Saver Fund - Direct Plan

The Quant ELSS Tax Saver Fund has delivered a strong 27.9% annualized SIP return over the past 10 years. With assets under management (AUM) of ₹11,065 crore and a net asset value (NAV) of ₹448.4227, this fund is benchmarked against the NIFTY 500 TRI. Since its launch in January 2013, the fund has provided an annualized return of 23.32%. This fund also offers tax benefits under Section 80C of the Income Tax Act, making it a popular choice for investors looking to save on taxes while building wealth.

Quant Mid Cap Fund - Direct Plan

The Quant Mid Cap Fund has delivered a notable 26.94% annualized SIP return over the last 10 years. The fund, which has an AUM of Rs. 9,283 crore and an NAV of Rs. 273.0467, is benchmarked against the NIFTY Midcap 150 TRI. Since its inception in January 2013, the fund has provided an annualized return of 20.70%.

In its portfolio of 23 stocks, the fund's key holdings include Aurobindo Pharma, Reliance Industries Limited (RIL), Concor, IRB Infra Developers, and SAIL. A Rs. 20,000 monthly SIP investment in this fund, totaling Rs. 24 lakh over 10 years, has grown to Rs. 1,00,20,127, demonstrating its strong growth potential in the mid-cap segment.

Also read: Mutual Funds: 5 Common SIP Mistakes to Avoid for Better Investment Results

• Expense Ratio: Not specified
• Minimum Lump Sum Investment: Not specified
• Minimum SIP Investment: Not specified
• Key Holdings: Aurobindo Pharma, Reliance Industries Limited (RIL), Concor, IRB Infra Developers, SAIL