UTI, Tata Pension and other NPS Tier I pension equity funds that have given up to 42.50% CAGR in 1 year
Top 7 NPS Tier I Equity Mutual Funds With Best Returns in 1 Year: Since all NPS Tier I equity funds follow the Nifty 50 index, at least 10 of them have gained over 30 per cent in the last 1 year because of the over 27 per cent growth of their parent index during the same period.
Top 7 NPS Tier I Funds in 1 Year: With the Nifty 50 rising over 27 per cent in the last 1 year, at least 10 National Pension System (NPS) Tier I equity mutual funds have grown by over 30 per cent in that period. The fund at the top has grown by over 42 per cent. NPS Tier I equity funds follow the Nifty 50 index. NPS subscribers can opt for up to 75 per cent equity exposure as per their age and risk appetite. In this write-up, know about the top 7 NPS mutual funds in 1 year in terms of annualised returns (CAGR), and what Rs 20,000 monthly SIP in each of them has given.
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UTI Retirement Solutions - Scheme E - TIER I
UTI Retirement Solutions - Scheme E - TIER I
Tata Pension Management Private Limited - Scheme E - TIER I
Tata Pension Management Private Limited - Scheme E - TIER I
ICICI Prudential Pension Fund - Scheme E - TIER I
ICICI Prudential Pension Fund - Scheme E - TIER I
AXIS Pension fund Management Limited - Scheme E - TIER I
AXIS Pension fund Management Limited - Scheme E - TIER I
HDFC Pension Fund - Scheme E - TIER I
HDFC Pension Fund - Scheme E - TIER I
Max Life Pension Fund Management Limited - Scheme E - TIER I
Max Life Pension Fund Management Limited - Scheme E - TIER I
Kotak Pension Fund - Scheme E - TIER I
The fund at the top has given 35.26 per cent annualised return in the 1 year.
It has a NAV of Rs 67.2994.
It has 94.08 per cent of its holdings in equity and 5.86 per cent in debt.
HDFC Bank, RIL, Infosys, ICICI Bank, Bharti Airtel, and Tech Mahindra are the main holdings of the fund.
A Rs 20,000 monthly SIP investment in the Tier I fund has grown to Rs 2,75,560 in 1 year.