
The BSE Sensex, India’s market barometer, touched 80,000 for the first time on July 3. The Price Return Index (PRI) variant of the 30-stock index has generated a compounded annualised return of 15.9 percent since its introduction in April 1979.
The Indian market has always rewarded long-term investors. Equity mutual funds, too, have brought cheer to long-time unitholders with substantial gain. Here is a list of flexicap mutual funds that delivered up to 20 percent annualised return on 15-year systematic investment plans (SIPs). The power of compounding and rupee cost averaging work in favour of long-term SIP investors. Please note, past performance is not indicative of future results. (Data source: ACEMF).
Quant Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 20.2%
Fund Managers: Sandeep Tandon, Ankit A Pande, Vasav Sahgal and Sanjeev Sharma
JM Flexicap Fund
15-year SIP return (XIRR) of the scheme: 18.9%
Fund Managers: Satish Ramanathan, Chaitanya Choksi and Gurvinder Singh Wasan
Also see: Midcap and smallcap funds: How should retail investors approach them?
HDFC Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 17.3%
Fund Manager: Roshi Jain
Franklin India Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 17.1%
Fund Managers: Rajasa Kakulavarapu and R Janakiraman
Also see: These smallcap multibaggers rewarded MF investors with up to 848% returns in a year
Aditya Birla SL Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 16.1%
Fund Manager: Harish Krishnan
DSP Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 15.8%
Fund Manager: Bhavin Gandhi
HSBC Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 15.7%
Fund Managers: Abhishek Gupta and Venugopal Manghat
Canara Robeco Flexi Cap Fund
15-year SIP return (XIRR) of the scheme: 15.5%
Fund Managers: Pranav Gokhale and Shridatta Bhandwaldar
Also see: Quant MF cherry-picked these smallcap stocks lately. Do you own any?
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