Country Common investors are now increasingly turning to mutual fund SIPs. The main reason behind this is the excellent earnings received from SIP. Common investors invest money in SIP mutual funds only to get huge returns. Today we are going to tell you about 5 such mutual fund schemes, SIP started and made investors rich. The investment made in these plans has multiplied by 4 in 7 years. The special thing is that in these 5 schemes, 3 are small cap funds and one is mid cap and one is ELSS.
HSBC Small Cap Fund
The SIP investment money started 7 years ago in HSBC Small Cap Fund has so far grown 3.38 times with an XIRR of 23.08 percent. In this scheme, the total SIP value of Rs 10,000 which started 7 years ago has become Rs 28,14,000 today.
Quant ELSS Tax Savings Fund
The SIP investment money started 7 years ago in Quant ELSS Tax Saver Fund has grown 3.41 times so far with an XIRR of 23.22 percent. In this plan, the total SIP value of Rs 10,000, which was started 7 years ago, has become Rs 28,64,400 today.
Motilal Oswal Midcap Fund
The SIP investment money started 7 years ago in Motilal Oswal Midcap Fund has grown 3.65 times so far with an XIRR of 24.51 percent. In this plan, the total SIP value of Rs 10,000, which was started 7 years ago, has become Rs 30,66,000 today.
Nippon India Small Cap Fund
The SIP investment money started 7 years ago in Nippon India Small Cap Fund has grown 3.88 times so far with an XIRR of 25.65 percent. In this plan, the total SIP value of Rs 10,000, which was started 7 years ago, has become Rs 32,59,200 today.
Quant Small Cap Fund
The SIP investment money started 7 years ago in Quant Small Cap Fund has grown 4.19 times so far with an XIRR of 27.04 percent. In this plan, the total SIP value of Rs 10,000, which was started 7 years ago, has become Rs 35,19,600 today.
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