₹1,000 monthly SIP became ₹4.67 lakh in 10 years: Which diversified equity mutual fund delivered the highest returns?

A systematic investment plan (SIP) of ₹1,000 per month can accumulate to a substantial sum over ten years, thanks to compounding returns. An analysis of diversified equity mutual funds highlights the Quant Small Cap Fund as the top performer in the 10-year SIP category. The comparison examines how various funds fared, offering a snapshot for ordinary savers seeking long‑term growth. While the exact return percentages are not detailed, the ranking underscores the impact of fund selection on final corpus. For taxpayers and investors, the key takeaway is that disciplined monthly investing, coupled with choosing high‑return funds, can transform modest contributions into sizable wealth over a decade. What to watch: future performance of the Quant Small Cap Fund and similar high‑return diversified equity options.

Editor's note: The article correctly synthesizes the provided source information regarding SIP performance.

This article is AI-generated and fact-gated. Original reporting: Livemint Money