Mutual fund investors always seek for plans that would double or triple their investments during the investing period. ETMutualFunds conducted data research and discovered that about 19 equity mutual funds had increased investors' SIP investments by more than three times in the last seven years.

In the last seven years, seven small cap and mid size funds, two flexi cap funds, a multi cap, contra, and an ELSS fund have increased SIP investments by more than three times.

The top schemes on the list were from the small cap category. Over the last seven years, Quant Small Cap Fund and Nippon India Small Cap Fund have multiplied SIP investments by 4.19 and 3.88 times, respectively.

Motilal Oswal Midcap Fund increased clients' SIP investments by 3.65 times. Over the last seven years, a monthly SIP of Rs 10,000 has grown to Rs 43.82 lakh, with an XIRR of 24.51%. Quant ELSS Tax Saver Fund increased participants' SIP investments by approximately 3.41 times during the same time period.

Three mid-cap funds, Edelweiss Mid Cap Fund, Quant Mid Cap Fund, and Nippon India Growth Fund, increased SIP investments by 3.29, 3.28, and 3.25 times, respectively, during the period stated.

Quant Flexi Cap Fund increased SIP investments by 3.24 times over the last seven years. A monthly SIP of Rs 10,000 in this flexi-cap fund would have cost Rs 38.87 lakh today.

The following four schemes on the list were from the small cap category. Axis Small Cap Fund and Kotak Small Cap Fund raised Rs 10,000 monthly SIP by 3.23 and 3.20 times, respectively, over the same period. SBI Small Cap Fund and HDFC Small Cap Fund have grown SIP by 3.18 and 3.15 times, respectively, over the last seven years.

Over the last seven years, the HDFC Mid-Cap Opportunities Fund, the largest mid-cap fund in terms of assets managed, has increased clients' SIP investments by 3.12. A monthly SIP of Rs 10,000 in this program would have increased to Rs 37.49 lakh now.

During the aforementioned period, Kotak Emerging Equity Fund, the second largest mid-cap fund in terms of assets managed, boosted its SIP investments by 3.09.

SBI Contra Fund, the largest and oldest contra fund, increased the same SIP investments by 3.02 times throughout the same period. A monthly SIP of Rs 10,000 in the scheme would have grown to Rs 36.22 lakh now.

During the particular time period, no large cap, large and mid cap, targeted, or value fund raised their investments by more than three times.

It should be noted that the above exercise is not a recommendation. The exercise was conducted to determine which equities mutual funds increased investors' investments by more than three times in the previous seven years. The results of the above exercise should not be used to make investing or redemption decisions.

Before making any investing selections, evaluate your risk tolerance, investment horizon, and goals.