Every mutual fund has offered positive XIRR on SIP investments in the last five years, an analysis by ETMutualFunds showed. Nearly 216 equity funds have completed five years of existence in the industry, of which 122 gave double-digit XIRR and top two gave over 20% XIRR in the said time horizon.
HSBC Midcap Fund gave the highest XIRR on SIP investments of around 20.48% in five years. A monthly SIP of Rs 10,000 made in this fund would have been 9.83 lakh now. Bandhan Small Cap Fund gave an XIRR of 20.27% in the said time period and turned Rs 10,000 SIP to Rs 9.78 lakh.
