This paper introduces a resonant switched capacitor converter (RSCC) topology that enhances the operational efficiency by utilizing devices with reduced ratings. The RSCC eliminates bulky magnetic elements, yielding increased power density, modular structure, and compact size compared with switched inductor topologies. Significantly, all the switched capacitors in the proposed converter and approximately 50% of the switching power devices are explicitly rated for the input voltage enabling its use for high‐power applications. A compact inductor is utilized for resonant operation, and the switching frequency of the converter is significantly reduced leading to reduced switching losses and improved efficiency. Zero current turn‐ON and turn‐OFF of the switching devices is achieved. Elimination of load‐side bulky capacitor using inherent output voltage ripple reduction is achieved by aligning the switching phases of the converter such that individual capacitor voltage ripple gets cancelled out. The work extensively covers the analysis of the converter in steady‐state and the effect of non‐idealities during the resonant operation. Further, a detailed design of the topology with a discussion on component selection is presented. The operation of the proposed converter is systematically analyzed through a series of simulation results generated, and the converter is further validated by developing an experimental prototype at a power of 200 W with an efficiency of 95.83%.