SIP calculator: 7 funds turn Rs 25,000 SIP into Rs 25 lakh in 5 years!

SIP calculator: 7 funds turn Rs 25,000 SIP into Rs 25 lakh in 5 years!

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With higher returns, Small Cap Funds have multiplied investor’s wealth faster than schemes of other mutual fund categories in 5 years.

Direct plans of as many as 7 Small Cap Funds have given more than 20% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

SIP calculator shows that a monthly investment of Rs 25,000 in direct plan of any of these 7 funds would have grown to Rs 25 lakh in 5 years. Let’s have a look at these funds.

Before reading further, please note this exercise is for informational purposes only and is not intended to recommend any of the funds mentioned in this story for investment.

Investing in any mutual fund scheme based on past returns only can lead to losses. You should consult a SEBI-registered investment advisor before investing.

Quant Small Cap Fund: The direct plan of this scheme has given 29.11% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

Axis Small Cap Fund: The direct plan of this scheme has given 23.82% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

ICICI Prudential Smallcap Fund: The direct plan of this scheme has given 21.64% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

Kotak Small Cap Fund: The direct plan of this scheme has given 22.48% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

Nippon India Small Cap Fund: The direct plan of this scheme has given 22.96% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

SBI Small Cap Fund: The direct plan of this scheme has given 20.08% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

Union Small Cap Fund: The direct plan of this scheme has given 20.02% annualised returns* in 5 years.

*Source: AMFI website data as on August 25, 2023

Disclaimer: Mutual Fund investments are subject to market risks. Please consult a SEBI-registered investment advisor before investing in any fund.

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