Top 9 equity mutual funds deliver over 20% return on SIP investments in 1 year. Do you own any?

The top nine equity mutual funds have delivered over 20% return on SIP investments in the last one year, according to an analysis by ETMutualFunds. There were nearly 295 funds in the said time period.

The analysis further showed that out of 295 funds, 110 funds gave positive returns, one failed to generate any return and 29 funds gave double-digit returns. Around 184 funds gave negative returns on SIP investments in the same time period.

Among these nine funds, seven funds were small caps, one was focused fund and multi cap fund. The top three delivered nearly 30% return on SIP investments.


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The top two funds were small cap funds. Samco Small Cap Fund, the topper in the list, delivered a return of 41.79% on SIP investments in the last one year. A monthly SIP investment of Rs 10,000 in the fund would have been 1.16 lakh now. This was followed by Bank of India Small Cap Fund who gave 36.07% return in the same time period.

Motilal Oswal Focused Fund delivered a return of 30.05% in the last one year. A monthly SIP of Rs 10,000 in the fund would have been Rs 1.37 lakh now. TRUSTMF Small Cap Fund offered a SIP return of 29.11% followed by two funds from Motilal Oswal Mutual Fund.

Motilal Oswal Small Cap Fund and Motilal Oswal Multi Cap Fund delivered a return of 24.60% and 22.23% respectively on SIP investments. A monthly SIP investment of Rs 10,000 in these funds would have been Rs 1.34 lakh and Rs 1.33 lakh respectively.

The last three funds were small cap funds. ITI Small Cap Fund, Union Small Cap Fund and Helios Small Cap Fund gave a return of 20.82%, 20.56% and 20.25% respectively on SIP investments.

How other equity funds fared?

JM Small Cap Fund delivered a return of 19.90% in the last one year. LIC MF Small Cap Fund and Quant Small Cap Fund delivered a return of 19.48% and 18.94% respectively on SIP investments.

Bandhan Small Cap Fund delivered a return of 12.77% on SIP investments in the last one year. This was followed by Taurus Flexi Cap Fund that gave 12.10% return in the same time period. HSBC Midcap Fund was the last one to deliver double-digit return on SIP investments. The fund gave a return of 10.01% in the said time period.

Axis Small Cap Fund delivered a return of 9.10% in the past one year. Nippon India Small Cap Fund, the largest small cap fund based on assets managed, delivered a return of 8.23% on SIP investments.

Abakkus Flexi Cap Fund gave a return of 5.41% on SIP investments in the said time period. Helios Mid Cap Fund gave 5.26% in the said time period. The mid cap fund and value fund from Axis Mutual Fund gave 1.77% and 1.72% respectively in the said time period.

Invesco India ELSS Tax Saver Fund was the last one to deliver positive returns. The fund delivered a return of 0.12%.

Negative performers

Samco Large Cap Fund lost the most of around 15.23% on SIP investments. This was followed by Franklin India Focused Equity Fund who gave 14.83% in the same time period.

Two funds from Mahindra Manulife Mutual Fund - Mahindra Manulife Large Cap Fund and Mahindra Manulife ELSS Tax Saver Fund gave 11.36% and 11.33% respectively on SIP investments.

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Two funds from ICICI Prudential Mutual Fund - ICICI Pru Large Cap Fund and ICICI Pru Large & Mid Cap Fund - lost 11.13% and 10.97% respectively on SIP investments. SBI Contra Fund, the oldest and largest contra fund, lost 9.41% in the said time period.

Parag Parikh ELSS Tax Saver Fund gave a negative return of 9.35% on SIP investments in the said time period. HDFC Flexi Cap Fund, the second largest flexi cap fund based on assets managed, delivered a negative return of 4.73% on SIP investments.

Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, lost 3.08% on SIP investments. HDFC Mid Cap Fund lost 2.88% in the same time period.

Taurus ELSS Tax Saver Fund lost the lowest of around 0.02% on SIP investments in the said time period.

We considered all equity funds excluding sectoral and thematic funds. We considered regular and growth oriented funds. We calculated SIP performance of these funds in the last one year.

Note, the above exercise is not a recommendation. The exercise was done to find which equity funds delivered over 20% return in the last one year on SIP investments. One should not make investment or redemption decisions based on the above exercise.

One should always consider their risk appetite, investment horizon and financial goals before making any investment decision.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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