Top 5 Crisil & Morningstar-rated mutual funds with highest 5-year returns; Rs 1 lakh investment in top fund has grown to nearly Rs 5 lakh
The largest holdings of the fund, which has invested over 95 per cent in equities, include Reliance Industries, Jio Financial, Adani Power, TCS, Hindalco Industries and Aurobindo Pharma among others.
For accumulating wealth and at the same time avoiding the hassle of timing the market, experts have largely advocated taking the mutual fund route. The investment over a period of time if taken to in a disciplined way can help in attaining our desired financial goals. So, considering the return parameter for which investors primarily invest in mutual funds, here are the funds that have yielded the highest or best 5-year return:
Quant Small Cap Fund- Direct Plan (G):
This fund has a four star CRISIL and Morning Star rating at its command. Here are the other aspects that need investors’ attention:
Assets under management: Rs 17348.95 crore
Net asset value: Rs 260.52 as on April 16, 2024
Minimum investment (lump sum): Rs 5000
Minimum investment (SIP): Rs 1000
Expense ratio: 0.7 per cent
5-year annualised return: 37.72 per cent
To put this into perspective, an individual having invested a lump sum amount of Rs 1 lakh in the scheme 5 years ago would have built a corpus of Rs 4.96 lakh.
The largest holdings of the fund, which has invested over 95 per cent in equities, include Reliance Industries, Jio Financial, Bikaji Foods, IRB Infra and RBL Bank among others.
Quant Infrastructure Fund:
This is a sectoral fund that has been accorded a five-star rating by MorningStar. Here are the key aspects you should noted about the fund:
Assets under management: Rs 2498.18 crore
Net asset value: Rs 42.85 as on April 16, 2024
Minimum investment (lump sum): Rs 5000
Minimum investment (SIP): Rs 1000
Expense ratio: 0.73 per cent
5-year annualised return: 36.55per cent
So an individual having invested a lump sum amount of Rs 1 lakh in the scheme 5 years ago would have built a corpus of Rs 4.755 llakh.
The largest holdings of the fund, which has invested over 95 per cent in equities, include Reliance Industries, Jio Financial, Adani Power, Kalyani Steels and IRB Infra among others.
Quant ELSS Tax Saver Growth Option (Direct Plan):
This is again a CRISIL 5-star rated and Morningstar 5-star rated ELSS Fund.
Assets under management: Rs 8342 crore
Net asset value: Rs 405.71 as on April 16, 2024
Minimum investment (lump sum): Rs 500
Minimum investment (SIP): Rs 500
Expense ratio: 0.76 per cent
5-year annualised return: 36.55per cent
So an individual having invested a lump sum amount of Rs 1 lakh in the scheme 5 years ago would have built a corpus of Rs 4.208 lakh.
The largest holdings of the fund, which has invested over 95 per cent in equities, include Reliance Industries, Jio Financial, Adani Power, TCS, Hindalco Industries and Aurobindo Pharma among others.
Quant Midcap Fund Growth Option (Direct plan):
This is a midcap fund again from the house of Quant Mutual Fund. The fund is rated 5-star by Morningstar and 4-star by Crisil.
Assets under management: Rs 5873.25 crore
Net asset value: Rs 240.65 as on April 16, 2024
Minimum investment (lump sum): Rs 5000
Minimum investment (SIP): Rs 1000
Expense ratio: 0.76 per cent
5-year annualised return: 32.14 per cent
So an individual having invested a lump sum amount of Rs 1 lakh in the scheme 5 years ago would have built a corpus of Rs 4.035 lakh.
Bank of India Small Cap Fund Direct Plan (G):
This fund has Morningstar 5-star rating and 4-star CRISIL rating.
Assets under management: Rs 939.7 crore
Net asset value: Rs 43.22 as on April 16, 2024
Minimum investment (lump sum): Rs 5000
Minimum investment (SIP): Rs 1000
Expense ratio: 0.71 per cent
5-year annualised return: 32.47 per cent
So an individual having invested a lump sum amount of Rs 1 lakh in the scheme 5 years ago would have built a corpus of Rs 4.086 lakh.
The largest holdings of the fund, which has invested over 95 per cent in equities, include Reliance Industries, Aurobindo Pharma, Linde India, Motherson Sumi Systems and PNB among others.
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