SynopsisEquity mutual funds delivered positive returns on Systematic Investment Plans over the past five years. Many funds provided double-digit XIRR. HSBC Midcap Fund and Bandhan Small Cap Fund led with over 20% XIRR. This analysis highlights strong SIP performance across various fund categories. Investors saw significant growth on their regular investments.ANIHSBC Midcap Fund gave the highest XIRR on SIP investments of around 20% in five years.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.Also Read | Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly income ICICI Pru Midcap Fund offered an XIRR of 19.26% in the last five years, followed by Motilal Oswal Large & Midcap Fund and Invesco India Midcap Fund which gave an XIRR of 19.12% each in the last five years.Two midcaps i.e. Nippon India Growth Mid Cap Fund and Edelweiss Mid Cap Fund, offered an XIRR of 18.28% and 18.26% respectively.HDFC Mid Cap Fund, the largest mid cap fund based on assets managed, delivered an XIRR of 17.84% and turned the same SIP amount to Rs 9.23 lakh. Quant Small Cap Fund delivered an XIRR of 16.60% on SIP investments made five years ago.Nippon India Small Cap Fund, the largest smallcap fund based on the assets managed, delivered an XIRR of 15.98% in the last five years and turned Rs 10,000 SIP to Rs 8.83 lakh. Motilal Oswal Midcap Fund posted an XIRR of 14.88% on SIP investments in the said time period. This was followed by Nippon India Multi Cap Fund which gave an XIRR of 14.85% in the same period.SBI ELSS Tax Saver Fund, the oldest ELSS fund, delivered an XIRR of 14.09% on SIP investments in the mentioned period. Three large & mid cap funds - Quant Large & Mid Cap Fund, ICICI Pru Large & Mid Cap Fund and UTI Large & Mid Cap Fund - delivered an XIRR of 13.96%, 13.91% and 13.88% respectively in the said period.Two funds from HSBC Mutual Fund, HSBC ELSS Tax saver Fund and HSBC Flexi Cap Fund, delivered an XIRR of 12.94% and 12.83% respectively on SIP investments. Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, delivered an XIRR of 11.90% on SIP investments in the said time period. JM Focused Fund was the last one to deliver double-digit XIRR in the said time period. The fund gave an XIRR of 10.08%.Franklin India Flexi Cap Fund gave an XIRR of 9.92% on SIP investments in the last five years. This was followed by ICICI Pru Large Cap Fund which gave an XIRR of 9.84% in the same time period.Also Read | Quant Mutual Fund bets on under-owned, under-researched, undervalued and neglected territory stocks for alpha generation Two large caps, SBI Large Cap Fund and Tata Large Cap Fund, gave an XIRR of 8.71% and 8.69% respectively in the same time period. Two focused funds, Axis Focused Fund and Mirae Asset Focused Fund, gave an XIRR of 3.63% and 3.62% respectively in the last five years.Considered universeWe considered all equity mutual funds. We considered regular and growth options. We calculated the SIP performance in the last five years between June 3, 2021 to June 3, 2026.Note: The above exercise is not a recommendation. The exercise was done to find how equity mutual funds performed on SIP investments made five years ago. One should not make investment or redemption decisions based on the above exercise. One should always invest based on their risk appetite, investment horizon, and goals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.Read More News on...morelessRead More News on...moreless