Indian stock market is going through a period of ups and downs these days. Nifty and Sensex are trading below their record levels. Recently, correction has been seen in midcap and smallcap stocks. The reason for this is being considered as profit booking, lack of liquidity and high valuation. However, experts say that the growth story of mid and small cap companies is still intact.

SIP investors got the benefit

To avoid market volatility, SIP ie Systematic Investment Plan is considered to be the safest and intelligent way. Investors especially by investing longer in good mutual funds provide better returns to investors. In this report, we are telling about 5 such mutual funds who have given great returns in the last 10 years.

Nippon India Small Cap Fund: Top with strong growth

Nippon India Small Cap Fund was launched in September 2010 and has given an average annual growth (CAGR) of 23.52 per cent in the last 10 years. This fund invests in small but growth potential businesses. Its specialty is that after the fall, it recovers rapidly. After Kovid and in 2023 it gave great performance.

Top Stocks: HDFC Bank, MCX, Dixon Technologies

Main Sector: Capital Goods (11.9 per cent), Healthcare (8.2 per cent), Chemicals (7.7 per cent)

Fund Size: Rs 58,028 crore

SBI Small Cap Fund: Fund with reliable and stable returns

SBI Small Cap Fund was started in September 2009 and it has given 22.61 percent CAGR return in 10 years. This fund invests in quality companies and scalable business models. Its strategy is balanced, in which the risk is low and the returns are stable.

Top Stocks: SBFC Finance, DOMS Industries, Kims

Main Sector: Finance (8 percent), Capital Goods (7.5 %), Chemicals (7.4 percent)

Fund Size: Rs 31,790 crore

Motilal Oswal Midcap Fund: Quality focus in midcap

Motilal Oswal Midcap Fund, launched in February 2014 and has given 21.17 percent CAGR in 10 years. This fund runs on Motilal Oswal’s QGLP Framework (Quality, Growth, Longvity, Price), which emphasizes the quality companies.