Top 5 Index Mutual Funds That Have Given up to 30% Return in 5 Year: Know how Rs 10,000 monthly SIP has grown
Index funds or passive funds carrying lower expense ratio and trends mirroring benchmarks such as Nifty50, Sensex and other are expected to be popular going ahead in the new year.
Top index fund over a 5-year period: Motilal Oswal Nifty Smallcap 250 Index Fund - Direct Plan - Growth
This fund has generated an annualised return of 30.2 per cent. SIP started in the fund with Rs 10,000 per month in 5 years will offer an annualised return of 32.71 per cent and would more than double the investment amount to Rs 13,36,611.
Top index fund over a 5-year period: DSP Nifty 50 Equal Weight Index Fund - Direct Plan - Growth
Over a 5-year period, the fund has delivered 19.29 per cent return. SIP started 5 years ago in the fund with the monthly investment of Rs 10,000 is now worth Rs 10,13,461, with an annualised yield of 21.1 per cent.
Top index fund over a 5-year period: Motilal Oswal Nifty 500 Index Fund - Direct Plan - Growth
The fund over a 5-year period has offered an annualised return of 18.41 per cent. SIP return into the fund with monthly investment of Rs 10,000 in 5 years is now worth Rs 10,02,675.
Top index fund over a 5-year period: Axis Nifty 100 Index Fund - Direct Plan - Growth
The annualised return of the fund in the last 5 years is 15.74 per cent. Rs 10,000 monthly SIP in the fund has grown to Rs 9,32,439, offering an annualised yield of 17.68 per cent.
Top index fund over a 5-year period: Bandhan Nifty 50 Index Fund - Direct Plan - Growth
The fund's annualised return over the 5-year period is 15.37 per cent. Its SIP return is at 16.93 per cent, turning Rs 10,000 monthly SIP into Rs 9,15,493.