If you want to become rich soon then invest in these mutual funds, it will give 42% return in just 5 years.

Investors who invested in Union Small Cap Fund also became rich in five years. It has given huge profits to investors. The average SIP return of this scheme for the last five years has been recorded at 30.41 percent per annum. An investor who invested Rs 10,000 every month in this fund got Rs 12.65 lakh after 5 years.

FD and small saving are very popular in India. Whenever a common citizen has some savings, he immediately invests in FD. He is confident that after some time he will get good returns from FD. But now due to digital and social media, mutual funds are also gradually becoming famous among the general public. People's inclination towards mutual funds has increased. Now even in villages, people are investing in mutual funds, due to which they are getting good returns. Especially retail investors are investing more in small cap funds.

Similarly, in August 2023, record inflows have been seen in small cap funds for the 5th consecutive month. An inflow of Rs 4265 crore has been recorded in this category. In such a situation, today we will discuss about some such small cap funds, which have given SIP returns of 31-42 percent in the last five years.

Quant Small Cap Fund: Quant Small Cap Fund is quite famous among retail investors. Its performance in the last 5 years has been quite good. The average SIP return of Quant Small Cap Fund in the last 5 years has been 42.69 percent per annum. The investment value of an investor who invested Rs 10,000 per month in this scheme increased to Rs 16.82 lakh in 5 years. The special thing is that you can start SIP in Quant Small Cap Fund even with Rs 1000 per month.

Nippon India Small Cap Fund: Like Quant Small Cap Fund, Nippon India Small Cap Fund has also performed well. It has given bumper returns to its investors in the last 5 years. The average SIP return of the last 5 years of the direct plan of this scheme has been recorded at 35.8 percent per annum. In this you can invest minimum Rs 5000. If you want to invest through SIP, then you can invest minimum Rs 1000 in the scheme.

HSBC Small Cap Fund: HSBC also continues to dominate the small cap funds giving excellent returns. Its average SIP return in 5 years has been 31.82 percent annually. In this scheme, an investor doing 10,000 SIP every month for 5 years has got Rs 13.08 lakh. Similarly, the average SIP return of HDFC Small Cap Fund in 5 years has been 31.16 percent per annum. The special thing is that in this scheme SIP starts from Rs 100 only.