Around 11 equity mutual funds have offered over 20% SIP returns in the last 10 years. A further analysis showed that every mutual fund SIP has delivered double-digit XIRR in the same time period. Here is the list of funds (Source: ACE MF)
ETMarkets.com
2/7
Two small caps
Quant Small Cap Fund and Nippon India Small Cap Fund gave 24.54% and 23.01% XIRR in the last 10 years.
Getty Images
3/7
Four mid caps
Motilal Oswal Midcap Fund, Invesco India Midcap Fund, Edelweiss Mid Cap Fund, Nippon India Growth Mid Cap Fund posted an XIRR of 22.58%, 21.29%, 21.09%, and 21.06% respectively, in the last 10 years.
Agencies
4/7
Quant ELSS Tax Saver Fund
Quant ELSS Tax Saver Fund, an ELSS fund offered an XIRR of 20.75% on SIP investments in the mentioned time period.
Agencies
5/7
Two other small caps
Axis Small Cap Fund and HDFC Small Cap Fund gave an XIRR of 20.53% and 20.52% respectively on SIP investments in the last 10 years.
TIL Creatives
6/7
Two other mid caps
HDFC Mid Cap Fund and Kotak Midcap Fund delivered an XIRR of 20.46% and 20.12% respectively on SIP investments in the last 10 years
Agencies
7/7
Last in list
Motilal Oswal Focused Fund was the last one in the list and delivered an XIRR of 10.35% on SIP investments.