Best performing mutual funds India which give 10k monthly Sip to 6 lakhs in 3 years

The equity schemes of Axis Bank Mutual Fund have delivered impressive returns, outperforming the stock market. Several of the fund house's schemes have proven to be multibaggers within just three years. Three equity schemes have shown exceptional performance, with annualized SIP returns exceeding 30% over the past three years, consistently delivering returns between 30% and 40%. Moreover, one-time investors have seen up to 100% absolute returns. Here's a breakdown of the top three performing schemes.

This fund provided an annualized return of 39.37% on SIPs in three years, turning a ₹10,000 monthly SIP into ₹6,25,572. For lump sum investments, the annualized return was 26.43%, doubling a ₹1 lakh investment to ₹2,01,700 with an absolute return of 101.70%.

With an annualized return of 34.78% on SIPs over three years, a ₹10,000 monthly SIP grew to ₹5,89,935. Lump sum investments yielded an annualized return of 24.75%, raising ₹1 lakh to ₹1,94,270, delivering an absolute return of 94.27%

This fund achieved an annualized return of 34.55% on SIPs, where a ₹10,000 monthly SIP grew to ₹5,88,228. For lump sum investments, the annualized return was 18.18%, increasing ₹1 lakh to ₹1,65,142 with a 65.14% absolute return.