5 large and Midcap mutual funds that rewarded investors with over 50% returns in a year
Mutual funds are investment vehicles that pool money from different individuals to invest in a diverse portfolio of securities, including stocks, bonds, money market instruments, or a mix of these assets. They are managed by professional fund managers who make investment choices on behalf of their clients.
Here are seven large & mid cap funds that have given over 50 per cent returns in a year:
Bandhan Core Equity Direct
In a year, the fund has given a return of 58.44 per cent. The net asset value (NAV) of the fund as of April 30 was 0.36 per cent.
ICICI Pru S&P BSE Midcap Select ETF
In a year, the fund has given a return of 60 per cent. The NAV of the fund as of April 30 was 1.07 per cent.
Invesco India Large & Midcap Direct
In a year, the fund has given a return of 51.65 per cent. The NAV of the fund as of April 30 was 0.45 per cent.
Motilal Oswal Large & Mid Cap Direct
In a year, the fund has given a return of 57.38 per cent. The NAV of the fund as of April 30 was 0.46 per cent.
HDFC Large & Midcap Direct
In a year, the fund has given a return of 50.18 per cent. The NAV of the fund as of April 30 was 0.25 per cent.