Here are the top 5 funds based on their 5-year SIP XIRR:
1. HSBC Mid Cap Fund – 22.70%
2. ITI Small Cap Fund – 22.52%
3. Bandhan Small Cap Fund – 22.03%
4. Invesco India Mid Cap Fund – 21.74%
5. Bank of India Small Cap Fund – 21.24%
A monthly SIP of Rs 10,000 over 5 years means you invest a total of Rs 6 lakh. That investment grew to about Rs 10.53 lakh in the top-ranked HSBC Mid Cap Fund. It reached around Rs 10.36 lakh in the Bandhan Small Cap Fund. But investors must note a very crucial point here.
A fund that gave high returns in the last 5 years carries no guarantee to deliver the same high returns in the next 5 years. Equity funds aim for long-term growth, but they can face market volatility in the short term. This volatility can be significant for investors in small-cap and mid-cap funds.
You should look at your investment horizon, risk appetite, financial goals, the fund’s expense ratio, and its long-term performance instead of picking a fund just for its past returns.
This list is purely based on past 5-year SIP performance; it is not a personal investment recommendation. Mutual fund investments are subject to market risks.