Top 7 Mutual Funds With Best Returns in 10 Years: Each fund has turned Rs 14.50 lakh investment into at least Rs 1.03 crore; get their names
Top 7 mutual funds in 10 Years: In mutual fund investment, long term performance matter a lot as it shows the strength of the mutual fund scheme and the mutual fund manager's acumen to beat the market time and again. Even as the market is making a recovery, there are many mutual fund schemes that have multiplied investors' wealth in the last 10-year period.
Top 7 mutual funds in 10 Years: Nifty and BSE Sensex made a comeback in the trading session on Tuesday (September 10, 2024) after falling for last few days. This will surely bring a smile to the faces of equity mutual fund investors who would have been worried due to falling markets last week. Though the market slumped for a few days. In mutual fund investment, long-term performance matters a lot as it shows the strength of the mutual fund scheme and the mutual fund manager's acumen to beat the market time and again. Even as the market is making a recovery, there are many mutual fund schemes that have multiplied investors' wealth in the last 10-year period. Here, we take you through a list of 7 such schemes that have converted a Rs 14.50 lakh lump investment to at least Rs 1.03 crore in 10 years.
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Nippon India Small Cap Fund Direct- Growth
The fund at the top has given 24.48 per cent annualised return (CAGR) in the 10-year time frame.
It has assets under management (AUM) of Rs 61,000 crore, while its net asset value (NAV) is Rs 199.
Nippon India Small Cap Fund Direct- Growth
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 28.08 per cent annualised returns since its debut in January 2013.
Rs 14.50 lakh lump sum investment in the scheme has grown to Rs 1.30 crore in 10 years.
Quant ELSS Tax Saver Fund - Direct Plan
The fund at No. 2 has had 24.33 annualised per cent returns in the 10-year period.
It has an asset base of Rs 11,125 crore, while its NAV is Rs 445.2016.
Quant ELSS Tax Saver Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 23.13 per cent annualised returns since its inception in January 2013.
A Rs 14.50 lakh lump sum investment in Quant ELSS Tax Saver Fund - Direct Plan has turned into Rs 1.28 crore in the 10-year time frame.
Quant Small Cap Fund Direct Plan - Growth
The small cap fund has given 22.63 per cent annualised returns in 10 years.
Its AUM is Rs 11,125 crore, while its NAV is Rs 301.5.
Quant Small Cap Fund Direct Plan - Growth
Benchmarked against NIFTY 500 TRI, the fund has given 20.51 per cent annualised returns since its beginning in January 2013.
A Rs 14.50 lakh lump sum investment in Quant Small Cap Fund Direct Plan - Growth has converted into Rs 1.12 crore in the 10-year period.
Motilal Oswal Midcap Fund Direct-Growth
The mid cap fund has had 22.59 per cent annualised returns in the 10-year time frame.
It has AUM of Rs 14,446 crore, while its NAV is Rs 116.97.
Motilal Oswal Midcap Fund Direct-Growth
Benchmarked against NIFTY Midcap 150 TRI, the mid cap fund has given 26.24 per cent annualised returns since its debut in February 2014.
A Rs 14.50 lakh lump sum investment in Motilal Oswal Midcap Fund Direct-Growth has swelled to Rs 1.11 crore in 10 years.
Edelweiss Mid Cap Direct Plan-Growth
Another mid cap mutual fund in the list has had 21.83 per cent annualised returns in the 10-year period.
It has assets worth Rs 6,994 crore, while its NAV is Rs 113.31.
Edelweiss Mid Cap Direct Plan-Growth
Benchmarked against NIFTY Midcap 150 TRI, the mid cap scheme has given 23.13 per cent annualised returns since its debut in January 2013.
A Rs 14.50 lakh lump sum investment in Edelweiss Mid Cap Direct Plan-Growth has jumped to Rs 1.04 crore in the 10-year time frame.
Axis Small Cap Fund Direct-Growth
The small cap mutual fund scheme has given 21.75 per cent annualised returns in 10 years.
It has an asset base of Rs 23,399 crore, while its NAV is Rs 121.71.
Axis Small Cap Fund Direct-Growth
Benchmarked against NIFTY Smallcap 250 TRI, the small cap fund has given 26.1 per cent annualised returns since its inception in November 2013.
A Rs 14.50 lakh lump sum investment in Axis Small Cap Fund Direct-Growth has ballooned to Rs 1.04 crore in the 10-year period.
Kotak Emerging Equity Fund Direct-Growth
The fund has given 21.65 per cent annualised returns in the 10-year time frame.
Its AUM is Rs 51,366 crore, while its NAV is Rs 152.42.
Kotak Emerging Equity Fund Direct-Growth
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 22.61 per cent annualised returns since its debut in January 2013.
A Rs 14.50 lakh lump sum investment in Kotak Emerging Equity Fund Direct-Growth has grown to Rs 1.03 crore in the 10-year period.