5 Equity Mutual Funds With Over 15% 10-Year SIP Returns

Five equity mutual funds have delivered over 15% annualised returns on systematic investment plan (SIP) investments over a 10-year period, according to a report by ETWealth published on April 8, 2026.

The findings highlight the long-term wealth creation potential of disciplined SIP investing in equity mutual funds, particularly in segments such as small-cap and mid-cap funds, which have demonstrated strong consistency over the decade.

Top Performing Funds in the 10-Year SIP Return Category

Among the five funds, Quant Small Cap Fund and Nippon India Small Cap Fund led the pack with annualised SIP returns of 21.9% and 19.8%, respectively, over the 10-year period. These two small-cap funds emerged as the top performers in the category.

In the mid-cap segment, Nippon India Growth Mid Cap Fund and Edelweiss Mid Cap Fund delivered returns of 19.2% and 18.9%, respectively, showcasing strong performance from diversified mid-cap oriented schemes.

The fifth fund in the list, Quant ELSS Tax Saver Fund, an equity-linked savings scheme (ELSS), provided an annualised return of 18.9% on SIP investments over the same 10-year horizon, combining tax benefits under Section 80C of the Income Tax Act with competitive long-term returns.

Context on SIP Investing and Long-Term Wealth Creation

The analysis underscores that while short-term mutual fund returns can be volatile and unpredictable, evaluating performance over a 10-year SIP horizon offers a clearer picture of a fund’s consistency, resilience, and ability to generate wealth through compounding and rupee cost averaging.

Systematic Investment Plans help investors mitigate the impact of market timing by spreading investments across market cycles, thereby averaging out the purchase cost. Over extended periods, this approach leverages the power of compounding, where returns are reinvested to generate additional earnings.

Financial experts cited in the report caution investors against selecting funds based solely on historical returns. Instead, they recommend aligning fund choices with individual risk profiles, investment goals, and time horizons to ensure suitability and long-term adherence to the investment plan.

Broader Trends in Equity Mutual Fund Performance

Additional research indicates that a wider set of equity mutual funds has also surpassed the 20% annualised return mark on 10-year SIP investments. For instance, data from Angel One published in September 2025 showed that 11 equity mutual funds delivered over 20% SIP returns over a decade, with Quant Small Cap Fund leading at 24.54% XIRR.

These trends reflect the potential of well-managed equity funds to create substantial wealth over the long term when accessed through disciplined, regular investment routes like SIPs, particularly in growing market segments such as small and mid-cap stocks.

The ETWealth report, released ahead of the new financial year, serves as a timely reminder for investors to focus on long-term fundamentals rather than short-term market noise when building equity mutual fund portfolios through SIPs.