Top 10 Mutual Fund Investment Companies in India This Year: Exploring the Top Performing Equity Mutual Funds with High 10-Year SIP Returns

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Introduction

In the world of investing, mutual funds have become a popular choice for many individuals. Among the different types of mutual funds, equity mutual funds have gained significant attention due to their potential for high returns. In this article, we will explore the top 10 mutual fund investment companies in India this year based on their 10-year systematic investment plan (SIP) returns. We will dive into the details of each mutual fund category and highlight the best-performing schemes within each category.

Understanding SIP (Systematic Investment Plan)

Before we proceed, let’s first understand what SIP is and its benefits for investors. SIP, or systematic investment plan, is a preferred mode of investment for many equity mutual fund investors. It allows investors to invest a fixed sum regularly over the long term in the schemes of their choice. This helps in developing a financial discipline, which is essential for successful investing.

Investing through SIP also enables investors to average their investment costs. When the equity markets are trading low, more units are purchased, and when the markets are scaling up, fewer units are added. This feature enhances the power of compounding and allows investors’ wealth to grow significantly over the long term.

To evaluate the returns generated by SIP investments, the Extended Internal Rate of Return (XIRR) is commonly used. XIRR calculates the annual average return of each SIP installment to provide investors with the total average annual return on their investments.

Top Performing Mutual Funds with High 10-Year SIP Returns

Now, let’s move on to the list of top performing mutual funds across various categories of equity mutual funds based on their 10-year SIP returns. We will highlight the best-performing schemes within each category and discuss their growth and holdings.

  1. Top Performing Small Cap Mutual Fund: Nippon India Small Cap Fund
  2. This fund has generated an XIRR of 25.5% over the last 10 years.
  3. It has consistently delivered high returns due to its focus on small-sized companies.
  4. The fund’s top stock holdings include Tube Investments of India, HDFC Bank, Credit Access Gramin, KPIT Technologies, and Tejas Networks.

  5. Top Performing ELSS (Tax Saving) Mutual Fund: Quant Tax Plan

  6. This tax-saving mutual fund has achieved an XIRR of 23.8% over the last 10 years.
  7. It provides tax benefits along with attractive returns.
  8. The fund’s top stock holdings include HDFC Bank, Reliance Industries, NTPC, DLF, and State Bank of India.

  9. Top Performing Flexi Cap Mutual Fund: Quant Flexi Cap

  10. This fund has grown at an XIRR of 21.8% over the last 10 years.
  11. It offers flexibility in investing across market caps.
  12. The fund’s top stock holdings include Reliance Industries, HDFC Bank, DLF, State Bank of India, and NTPC.

  13. Top Performing Mid Cap Mutual Fund: Kotak Emerging Equity Fund

  14. This fund has achieved an XIRR of 20.4% over the last 10 years.
  15. It focuses on mid-sized companies and has delivered consistent growth.
  16. The fund’s top stock holdings include Supreme Industries, Cummins India, Scheffler India, Persistent Systems, and SKF India.

  17. Top Performing Large and Mid Cap Mutual Fund: Mirae Asset Emerging Blue Chip Fund

  18. This fund has grown at an XIRR of 20.3% over the last 10 years.
  19. It invests in both large-cap and mid-cap stocks, providing a balanced portfolio.
  20. The fund’s top stock holdings include HDFC Bank, ICICI Bank, Reliance Industries, Infosys, and Axis Bank.

  21. Top Performing Value Mutual Fund: Bandhan Sterling Value Fund

  22. This fund has achieved an XIRR of 18.5% over the last 10 years.
  23. It follows a value-oriented investment approach, focusing on undervalued stocks.
  24. The fund’s top stock holdings include ICICI Bank, Axis Bank, General Steel and Power, ITC, and HDFC Bank.

  25. Top Performing Large Cap Mutual Fund: Nippon India Large Cap Fund

  26. This fund has grown at an XIRR of 16.3% over the last 10 years.
  27. It invests in large-sized companies and provides stability to the portfolio.
  28. The fund’s top stock holdings include HDFC Bank, ICICI Bank, Reliance Industries, State Bank of India, and L&T.

It is important to note that different mutual fund categories vary in terms of risk-reward. Therefore, it may not be fair to compare the returns of a scheme from one category with that of another. It is recommended to consult a SEBI-registered investment advisor for guidance on choosing the right mutual fund based on your investment needs and risk tolerance.

Conclusion

In conclusion, investing in mutual funds can be a lucrative way to grow your wealth over the long term. The top 10 mutual fund investment companies in India this year have been analyzed based on their 10-year SIP returns, focusing on various categories of equity mutual funds. Each category offers unique opportunities and carries its own risks. By understanding your investment goals and consulting with an expert, you can make informed decisions and create a well-diversified portfolio. Remember to read all related documents carefully before investing as market risks are involved. Happy investing!

Note: This article is for informational purposes only and should not be considered as financial advice. Always do your own research and consult professionals before making any investment decisions.