SIP wealth creators

Biggest 10Y SIP wealth creators

What a ₹10,000 monthly SIP started 10Y ago would be worth today, fund by fund. Direct plans, growth option only. Cash-parking categories (overnight / liquid / ultra-short / money-market / floater / arbitrage) are excluded. All figures are split-adjusted (see splits log).

Window: 1Y 3Y 5Y 7Y 10Y

#	Scheme	Category	Invested	Today's value	Multiplier	XIRR
1	quant Small Cap Fund - Growth Option - Direct Plan Quant	Small Cap Fund	₹1,200,000	₹4,498,421	3.75×	+24.93%
2	DSP World Gold Mining Overseas Equity Omni FoF - Direct Plan - Growth DSP	Fund of Funds - Overseas	₹1,200,000	₹4,367,511	3.64×	+24.38%
3	quant Infrastructure Fund - Growth Option-Direct Plan Quant	Sectoral/Thematic Fund	₹1,200,000	₹4,127,962	3.44×	+23.34%
4	quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan Quant	Multi Asset Allocation Fund	₹1,200,000	₹3,944,665	3.29×	+22.50%
5	DSP World Mining Overseas Equity Omni FoF - Direct Plan - Growth DSP	Fund of Funds - Overseas	₹1,200,000	₹3,915,283	3.26×	+22.36%
6	SBI GOLD FUND- DIRECT PLAN - GROWTH SBI	Fund of Funds - Domestic	₹1,200,000	₹3,907,772	3.26×	+22.33%
7	Quantum Gold Savings Fund - Direct Plan Growth Option Quantum	Fund of Funds - Domestic	₹1,200,000	₹3,896,940	3.25×	+22.28%
8	Kotak Gold Fund Growth - Direct Kotak	Fund of Funds - Domestic	₹1,200,000	₹3,890,800	3.24×	+22.25%
9	Axis Gold Fund - Direct Plan - Growth option Axis	Fund of Funds - Domestic	₹1,200,000	₹3,879,149	3.23×	+22.19%
10	Aditya Birla Sun Life Gold Fund - Growth - Direct Plan Aditya Birla Sun Life	Fund of Funds - Domestic	₹1,200,000	₹3,869,197	3.22×	+22.15%
11	ICICI Prudential Gold ETF FOF - Direct Plan - Growth ICICI Prudential	Fund of Funds - Domestic	₹1,200,000	₹3,868,135	3.22×	+22.14%
12	Nippon India Gold Savings Fund - Direct Plan Growth Plan - Growth Option Nippon India	Fund of Funds - Domestic	₹1,200,000	₹3,845,646	3.20×	+22.03%
13	Invesco India Gold ETF Fund of Fund - Direct Plan - Growth Invesco	Fund of Funds - Domestic	₹1,200,000	₹3,820,584	3.18×	+21.91%
14	Nippon India Small Cap Fund - Direct Plan Growth Plan - Growth Option Nippon India	Small Cap Fund	₹1,200,000	₹3,814,513	3.18×	+21.88%
15	Nippon India Small Cap Fund - Direct Plan Growth Plan - Bonus Option Nippon India	Small Cap Fund	₹1,200,000	₹3,814,511	3.18×	+21.88%
16	DSP US Specific Equity Omni FoF - Direct Plan - Growth DSP	Fund of Funds - Overseas	₹1,200,000	₹3,802,541	3.17×	+21.82%
17	quant ELSS Tax Saver Fund - Growth Option - Direct Plan Quant	ELSS	₹1,200,000	₹3,748,359	3.12×	+21.56%
18	BANK OF INDIA Manufacturing & Infrastructure Fund-Direct Plan-Growth Bank of India	Sectoral/Thematic Fund	₹1,200,000	₹3,746,078	3.12×	+21.55%
19	DSP India T.I.G.E.R. Fund - Direct Plan - Growth DSP	Sectoral/Thematic Fund	₹1,200,000	₹3,677,170	3.06×	+21.21%
20	LIC MF Infrastructure Fund-Direct Plan-Growth LIC	Sectoral/Thematic Fund	₹1,200,000	₹3,664,180	3.05×	+21.14%
21	quant Flexi Cap Fund - Growth Option-Direct Plan Quant	Flexi Cap Fund	₹1,200,000	₹3,637,954	3.03×	+21.01%
22	ICICI Prudential Infrastructure Fund - Direct Plan - Growth ICICI Prudential	Sectoral/Thematic Fund	₹1,200,000	₹3,630,559	3.03×	+20.97%
23	Invesco India Infrastructure Fund - Direct Plan - Growth Option Invesco	Sectoral/Thematic Fund	₹1,200,000	₹3,625,239	3.02×	+20.94%
24	Invesco India Midcap Fund - Direct Plan - Growth Option Invesco	Mid Cap Fund	₹1,200,000	₹3,607,308	3.01×	+20.85%
25	Nippon India Power & Infra Fund - Direct Plan Growth Plan - Bonus Option Nippon India	Sectoral/Thematic Fund	₹1,200,000	₹3,573,809	2.98×	+20.68%
26	Nippon India Power & Infra Fund - Direct Plan Growth Plan - Growth Option Nippon India	Sectoral/Thematic Fund	₹1,200,000	₹3,573,809	2.98×	+20.68%
27	Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Bonus Option Nippon India	Mid Cap Fund	₹1,200,000	₹3,550,852	2.96×	+20.56%
28	Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Growth Option Nippon India	Mid Cap Fund	₹1,200,000	₹3,550,843	2.96×	+20.56%
29	quant Mid Cap Fund - Growth Option - Direct Plan Quant	Mid Cap Fund	₹1,200,000	₹3,514,285	2.93×	+20.37%
30	CANARA ROBECO INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH OPTION Canara Robeco	Sectoral/Thematic Fund	₹1,200,000	₹3,485,597	2.90×	+20.22%
31	Invesco India PSU Equity Fund - Direct Plan - Growth Invesco	Sectoral/Thematic Fund	₹1,200,000	₹3,478,006	2.90×	+20.18%
32	Franklin Build India Fund - Direct - Growth	Sectoral/Thematic Fund	₹1,200,000	₹3,426,910	2.86×	+19.90%
33	Axis Small Cap Fund - Direct Plan - Growth Axis	Small Cap Fund	₹1,200,000	₹3,410,921	2.84×	+19.82%
34	DSP Natural Resources and New Energy Fund - Direct Plan - Growth DSP	Sectoral/Thematic Fund	₹1,200,000	₹3,390,362	2.83×	+19.70%
35	HDFC Mid Cap Fund - Growth Option - Direct Plan HDFC	Mid Cap Fund	₹1,200,000	₹3,352,517	2.79×	+19.50%
36	ICICI Prudential MidCap Fund - Direct Plan - Growth ICICI Prudential	Mid Cap Fund	₹1,200,000	₹3,347,538	2.79×	+19.47%
37	Kotak Midcap Fund - Direct Plan - Growth Kotak	Mid Cap Fund	₹1,200,000	₹3,340,885	2.78×	+19.43%
38	Union Small Cap Fund - Direct Plan - Growth Option Union	Small Cap Fund	₹1,200,000	₹3,303,204	2.75×	+19.22%
39	SBI PSU Fund - DIRECT PLAN - GROWTH SBI	Sectoral/Thematic Fund	₹1,200,000	₹3,297,367	2.75×	+19.19%
40	DSP Small Cap Fund - Direct Plan - Growth DSP	Small Cap Fund	₹1,200,000	₹3,274,760	2.73×	+19.06%
41	Motilal Oswal Midcap Fund-Direct Plan-Growth Option Motilal Oswal	Mid Cap Fund	₹1,200,000	₹3,274,677	2.73×	+19.06%
42	Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option Kotak	Sectoral/Thematic Fund	₹1,200,000	₹3,260,320	2.72×	+18.98%
43	SBI HEALTHCARE OPPORTUNITIES FUND - DIRECT PLAN -GROWTH SBI	Sectoral/Thematic Fund	₹1,200,000	₹3,243,308	2.70×	+18.88%
44	Franklin India Opportunities Fund - Direct - Growth Franklin India	Sectoral/Thematic Fund	₹1,200,000	₹3,225,481	2.69×	+18.78%
45	Tata Resources & Energy Fund-Direct Plan-Growth Tata	Sectoral/Thematic Fund	₹1,200,000	₹3,187,322	2.66×	+18.56%
46	quant Multi Cap Fund-GROWTH OPTION-Direct Plan Quant	Multi Cap Fund	₹1,200,000	₹3,179,955	2.65×	+18.52%
47	BANDHAN Infrastructure Fund-Direct Plan-Growth Bandhan	Sectoral/Thematic Fund	₹1,200,000	₹3,157,780	2.63×	+18.39%
48	Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option Motilal Oswal	ELSS	₹1,200,000	₹3,148,220	2.62×	+18.33%
49	Franklin U.S. Opportunities Equity Active Fund of Funds - Direct - Growth	Fund of Funds - Overseas	₹1,200,000	₹3,136,804	2.61×	+18.26%
50	Kotak-Small Cap Fund - Growth - Direct Kotak	Small Cap Fund	₹1,200,000	₹3,118,060	2.60×	+18.15%

What this list does (and doesn't) show

Each row is a backwards-looking simulation: a fixed ₹10,000 invested every month at the prevailing NAV, accumulating units, then valued at today's NAV. XIRR is the annualised internal rate of return on the resulting cash flow.

A fund at the top of this list was a great wealth creator. It does not guarantee future returns. Sectoral and thematic funds (gold, Nasdaq, Indian PSU) dominate the top of short windows because of one-off mega-rallies — typically a sign of high volatility rather than a steady ride. Look at the most-consistent list for the opposite angle.

How the math is split-adjusted

Some funds have had unit consolidation events that look like 10× returns in the raw NAV data but were actually a no-op for the investor (units halved, NAV doubled, or some other clean ratio). We detect these events and adjust the historical NAV series so the SIP simulation produces the number a real investor's portfolio would have shown. See the splits log for the full list of affected funds.