10 Mutual fund SIP schemes that have given up to 75% returns in 1 year; have you bought any? Details inside
SIP or systematic investment plan is a systematic way of investing money in mutual funds through which you can build wealth by investing an amount regularly. The SIP can be weekly, monthly, or quarterly.
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Is SIP a good option?
The good thing about SIP is you don't need to worry about timing the market as you have been investing a predetermined amount regularly.
10 mutual funds SIP schemes
Here is a list of 10 mutual funds SIP schemes that have given up to 75 per cent returns in one year. Take a look:
Motilal Oswal Midcap Fund Direct-Growth
Motilal Oswal Midcap Fund has provided returns of 75.13 per cent in a year. The NAV of the fund is Rs 118.70 as on September 11, 2024. The AUM is Rs 15,940 crore.
JM Midcap Fund Direct-Growth
In the last one year, JM Midcap Fund Direct-Growth has given returns of 63.46 per cent. The NAV of the fund is Rs 20.85 as on September 11, 2024. The AUM is Rs 1,682 crore.
Invesco India Mid Cap Fund
Invesco India Mid Cap Fund has given returns of 63.43 per cent returns in last one year. The NAV of the fund is Rs 197.30 as on September 11, 2024. The AUM is Rs 5,589 crore.
Edelweiss Mid Cap Fund
Edelweiss Mid Cap Fund has given 62.39 per cent returns to its investors in last one year. The NAV of the fund is Rs 113.93 as on September 11, 2024. The AUM is Rs 7,401 crore.
HSBC Midcap Fund
Next comes HSBC Midcap Fund which has provided returns of around 57.66 per cent in last one year. The NAV of the fund is Rs 442.22 as on September 11, 2024. The AUM is Rs 12,021 crore.
Franklin India Prima Fund
Franklin India Prima Fund positioned at number six, has provided returns of around 57.35 per cent in one year. The NAV of the fund is Rs 3,098.82 as on September 11, 2024. The AUM is Rs 12,746 crore.
Sundaram Mid Cap Fund
The next mutual fund scheme in the list is Sundaram Mid Cap Fund. This MF scheme has given 56.85 per cent returns in last one year. The NAV of the fund is Rs 1,504.74 as on September 11, 2024. The AUM is Rs 12,713 crore.
Mahindra Manulife Mid Cap Fund
Mahindra Manulife Mid Cap Fund has provided returns of 56.02 per cent in one year time. The NAV of the fund is Rs 38.47 as on September 11, 2024. The AUM is Rs 3,293 crore.
Kotak Emerging Equity Fund
Kotak Emerging Equity Fund comes second last in the list of top 10 mutual fund schemes. This MF scheme has given 55.95 per cent gains in last one year. The NAV of the fund is Rs 152.8 as on September 11, 2024. The AUM is Rs 51,366 crore.
Bandhan Midcap Fund
Bandhan Midcap Fund-the number 10th fund has given 55.40 per cent returns in the past one year. The NAV of the fund is Rs 18.43 as on September 11, 2024. The AUM is Rs 1,510 crore.
Disclaimer: Investing in mutual funds is subject to market risks. Consult your advisor before making any investment.