High-Return Mutual Funds The most preferred way of investing in equity mutual funds is through the Systematic Investment Plan (SIP). SIP allows investors to invest a certain fixed amount regularly. Investing through SIP has enabled many investors to earn high returns in the long run.
Investing regularly helps to develop a financial discipline which is the key to successful investing. SIP helps in cost averaging and you can buy more units when the prices are low and fewer units when the prices are high. This also helps to enhance the power of compounding and allows the investor’s wealth to grow over time. About 12 mutual funds have generated SIP returns of 20% in the last 10 years thus becoming the top-performing schemes. These high-return mutual funds created an XIRR (Extended Internal Rate of Return) of 25.5% during this time. Appreciate offers an app to invest in mutual funds online. 7 Top-performing mutual funds These are the top-performing funds in their respective categories based on a 10-year SIP return. Nippon India Small Cap Fund This fund invests a minimum of 65% of the assets in equity and equity-related instruments of small-sized companies. It grew at an XIRR of 25.5%. Quant Flexi Cap Fund This fund invests a minimum of 65% of assets in equity and equity-related instruments and has the flexibility to invest across market caps. It grew at an XIRR of 21.8%. ELSS category - Quant Tax plan This fund invests a minimum of 80% of the assets in equity and equity-related instruments and also offers tax benefits. It grew at an XIRR of 23.5%. Value mutual fund category - Bandhan Sterling Value Fund This fund invests a minimum of 65% of assets in equity and equity-related instruments and follows a value-oriented investment approach. It grew at an XIRR of 18.5%. Mid-Cap mutual fund category - Kotak Emerging Equity Fund This fund invests a minimum of 65% of assets in equity and equity-related instruments in mid-sized companies. It grew at an XIRR of 20.4%. Large & Mid-Cap mutual fund category - Mirae Asset Emerging Bluechip Fund This fund invests a minimum of 35% of assets in equity and equity-related instruments of large and mid-sized stocks. It grew at an XIRR of 20.3%. Large Cap mutual fund category - Nippon India Large Cap Fund This fund invests a minimum of 65% of assets in equity and equity-related instruments of large-sized companies. It grew at an XIRR of 16.3%.
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