2 mutual funds that grew investors' wealth 6x in just 10 yrs

Summary: The good news? Two actively managed mutual funds have quietly turned a Rs 1 lakh investment into over Rs 6 lakh in just 10 years. So, let’s find out the names of these mutual funds and then also look at their consistency in the long run. The good news: two actively managed mutual funds have actually turned a Rs 1 lakh investment into more than Rs 6 lakh in just 10 years. This isn’t some fanciful bull-market projection. It’s the power of nearly 20 per cent annualised returns sustained over a decade — a feat very few investments manage. And yet, a couple of small-cap funds have pulled it off. No surprise then that small-cap funds are the current favourite of retail investors. In fact, this July, the small-cap fund category attracted net investments of nearly Rs 6,500 crore, the most among other diversified equity fund categories. What does it take to sixtuple your money? To grow sixfold in 10 years, a fund needs to clock an annualised return (CAGR) of around 19.62 per cent. So, which two small-cap