Seven equity mutual funds beat 20% SIP returns in 10 years

Seven diversified equity mutual funds delivered over 20% annualised SIP returns in the last 10 years, excluding sectoral and thematic schemes.

Nippon India Small Cap Fund was the top performer with a 22.21% annualised return; a ₹10,000 monthly SIP grew to ₹38.8 lakh.

The list includes Invesco India Mid Cap Fund, Edelweiss Mid Cap Fund, and Nippon India Growth Mid Cap Fund, among others.

All seven funds have base expense ratios below 1%, ranging from 0.41% to 0.79%.