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Top 5 Performing Mutual Funds That Gave Highest Returns in Last 10 Years

Written by: Team Angel OneUpdated on: Jun 3, 2025, 2:25 PM IST
Top 5 performing mutual funds with the highest 10-year returns: Nippon India Small Cap tops with 21.3%.
Top 5 Performing Mutual Funds That Gave Highest Returns in Last 10 Years
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When selecting mutual funds, historical performance over long durations provides insight into a scheme’s consistency and its ability to deliver wealth creation. Here is a look at the top 5 mutual funds that delivered the highest returns in the last 10 years, as per their 10-year CAGR data.

Top 5 Performing Mutual Funds Based on 10-Year CAGR Return

 

FundsAUM (in ₹ cr)Expense Ratio (%)Inception DateBenchmark IndexNAV in ₹Return (%) 10 yrs
Nippon India Small Cap Fund58,028.61.4416-Sep-10Nifty Smallcap 250 - TRI165.8421.3
Quant ELSS Tax Saver Fund10,873.11.6513-Apr-00NIFTY 500 - TRI356.2219.66
Quant Small Cap Fund26,221.51.616-Oct-96Nifty Smallcap 250 - TRI251.5519.48
SBI Small Cap Fund31,790.31.5809-Sep-09BSE 250 Small Cap - TRI168.8418.97
HSBC Small Cap Fund14,7371.6912-May-14Nifty Smallcap 250 - TRI80.4218.73
Quant Flexi Cap Fund7,016.41.7823-Sep-08NIFTY 500 - TRI96.2718.66

Note: The AUM data given in the table above is as of April 30, 2025. 

Read More: Top 5 Performing Funds in the Last 5 Years; Turns ₹5 Lakh into ₹29.47 Lakh with Over 42% CAGR Return

Nippon India Small Cap Fund

Category: Equity Small Cap
AUM: ₹58,028.6 crore (as on Apr 30, 25)
NAV: ₹165.84 (as on May 30, 25)

Investment Objective:
Nippon India Small Cap Fund aims to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies. It also seeks consistent returns through debt and money market instruments.

Quant ELSS Tax Saver Fund

Category: Equity ELSS
AUM: ₹10,873.1 crore (as on Apr 30, 25)
NAV: ₹356.22 (as on June 2, 25)

Investment Objective:
Quant ELSS Tax Saver Fund goal is capital appreciation through a well-diversified portfolio of equity shares with growth potential. This may be complemented by dividend income. The fund has a 3-year lock-in period under the ELSS category.

Quant Small Cap Fund

Category: Equity Small Cap
AUM: ₹26,221.5 crore (as on Apr 30, 25)
NAV: ₹251.55 (as on June 2, 25)

Investment Objective:
Quant Small Cap Fund seeks capital appreciation and long term growth by investing in a portfolio of small cap companies. There is no assurance that the objective will be realised.

SBI Small Cap Fund

Category: Equity Small Cap
AUM: ₹31,790.2 crore (as on Apr 30, 25)
NAV: ₹168.84 (as on June 2, 25)

Investment Objective:
SBI Small Cap Fund aims to provide long-term capital growth by investing in a well-diversified basket of equity stocks of small-cap companies while maintaining the liquidity of an open-ended fund.

HSBC Small Cap Fund

Category: Equity Small Cap
AUM: ₹14,737 crore (as on Apr 30, 25)
NAV: ₹80.42 (as on June 2, 25)

Investment Objective:
HSBC Small Cap Fund targets long-term capital appreciation by investing in a diversified equity portfolio with a focus on emerging companies. It may also invest in foreign securities. Emerging companies are defined as those in early stages with high growth potential.

Conclusion 

These mutual funds have delivered strong double-digit returns over the past decade, reflecting the long-term potential of small-cap and ELSS-oriented strategies. However, past performance is not indicative of future results. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 3, 2025, 2:25 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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