Top 4 Smallcap SIP Mutual Funds in 10 Years: Smallcap mutual funds attract a lot of investors for their high-growth potential. But with high growth comes high risk. So smallcap funds have the potential to rise the fastest during the market uprise, but they also fall the steepest during a market slide. However, smallcap mutual funds can be one of the best bets for investors with a long-term investment horizon.
These funds have up to 65 per cent of their investments in smallcap stocks.
Since a majority of these stocks have a high-growth potential and can become midcap and larcap stocks in the future, smallcap funds can also grow fast in the long term.
Here, we take you through the top 4 smallcap mutual funds that have risen the fastest in terms of annualised SIP returns in 10 years.
Also know which fund has produced the highest capital gains for its investors on a Rs 15,000 monthly SIP investment in the 10-year time frame.
Quant Small Cap Fund - Direct Plan
The fund has given a 26.34 per cent annualised SIP return in 10 years.
It has assets under management (AUM) of Rs 29,629 crore, while its net asset value (NAV) as on July 30, 2025, was Rs 280.9626.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given an 18.26 per cent annualised return since its starting in January 2013.
At an expense ratio of 0.66 per cent, the fund has Rs 1,000 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP investment in the 10-year period, or a total investment of Rs 18,00,000, has swelled to Rs 73.02 lakh.
Nippon India Small Cap Fund - Direct Plan
The fund has given a 24.64 per cent annualised SIP return in the 10-year time frame.
It has AUM of Rs 66,602 crore, while its NAV as on July 30, 2025, was Rs 191.06.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 25.45 per cent annualised return since its inception in January 2013.
With an expense ratio of 0.64 per cent, the fund has Rs 500 as the minimum SIP investment.
A Rs 15,000 monthly SIP investment over 10 years has grown to Rs 66.63 lakh.
Axis Small Cap Fund - Direct Plan
The fund has given a 22.54 per cent annualised SIP return in the 10-year period.
It has an asset base of Rs 26,379 crore, while its unit price as on July 30, 2025, was Rs 123.62.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given a 24.06 per cent annualised return since its beginning in November 2013.
At an expense ratio of 0.56 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP investment in the 10-year time frame has jumped to Rs 59.47 lakh.
HDFC Small Cap Fund - Direct Plan
The fund has given a 21.99 per cent annualised SIP return in 10 years.
It has a fund size of Rs 35,781 crore, while its NAV as on July 30, 2025, was Rs 161.52.
Benchmarked against BSE 250 SmallCap TRI, the fund has given a 20.22 per cent annualised return since its debut in January 2013.
With an expense ratio of 0.71 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP investment in the 10-year period has converted into Rs 57.72 lakh.