equity mutual funds turned a monthly investment of Rs 25,000 to Rs 1 crore in a 10 year horizon, an analysis by ETMutualFunds showed. There were around 150 equity schemes that completed 10 years of existence in the market.
Quant Small Cap Fund is an open-ended equity scheme investing in a small cap portfolio of equity shares. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.22 crore The scheme gave an XIRR of 26.78%.
The scheme is managed by Ankit Pande, Sanjeev Sharma, and Vasav Sahgal. The scheme is benchmarked against NIFTY SMALL CAP 250 TRI. The minimum investment amount for a weekly, fortnightly, and monthly SIP is Rs 1,000.
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Quant ELSS Tax Saver Fund is an open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.12 crore The scheme gave an XIRR of 25.25%.
The scheme is managed by Ankit Pande and Vasav Sahgal. The minimum investment amount for a weekly, fortnightly, and monthly SIP is Rs 500.
The scheme is the largest scheme in the small cap category based on the assets managed. A monthly SIP of Rs 25,000 in the scheme made 10 years ago would have now been Rs 1.10 crore The scheme
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