Top 7 Mutual Funds With Highest Returns in 10 Years: No. 1 fund has converted Rs 10 lakh investment into Rs 92,52,530; know what others have done
Top 7 Mutual Funds With Highest Returns in 10 Years: Equity mutual funds fluctuate with the performance of the share market. But investors who stay with their mutual fund investment for a long time are likely to get higher benefits than investors aiming at short-term gains.
Top 7 Mutual Funds With Highest Returns in 10 Years: The share market is for investors with patience. Investors who invest to multiply their investment without knowing much about the business of the companies they are investing in are likely to suffer losses against someone with patience and thorough study of the stocks. The same goes for equity mutual fund investment. Investors need to look at the fund's performance, shares and sectors it has invested in, and the fund manager's record before investing. Like in stocks, patience plays a key role in multiplying investor wealth in mutual funds too. Investors with a long-term horizon are likely to gain more than those looking for short-term gains. In this write-up, we take you through the top 7 mutual fund schemes with the highest annualised returns (CAGR) in 10 years. Also, know the current value of a Rs 10 lakh investment made 10 years ago in each scheme. (Data Source: Value Research).
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Quant ELSS Tax Saver Fund - Direct Plan
The ELSS fund has given 24.92 per cent annualised returns (CAGR) in the 10-year period.
It has assets under management (AUM) of Rs 11,125 crore, while its net asset value (NAV) is Rs 122.7700.
Benchmarked against NIFTY 500 TRI, the fund has given 23.32 per cent annualised returns (CAGR) since its inception in January 2013.
Quant ELSS Tax Saver Fund - Direct Plan
At an expense ratio of 0.65 per cent, the fund has Rs 500 as the minimum SIP and lump sum investments.
A Rs 10 lakh investment in the fund has grown to Rs 92,52,530 in the 10-year time frame.
Nippon India Small Cap Fund - Direct Plan
The fund has given 24.86 per cent annualised returns in 10 years.
It has an asset base of Rs 61,000 crore, while its unit price is Rs 204.3979.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 28.26 per cent annualised returns since its debut in January 2013.
Nippon India Small Cap Fund - Direct Plan
With an expense ratio of 0.65 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10 lakh investment in the fund has turned into Rs 92,52,530 in the 10-year period.
Motilal Oswal Midcap Fund - Direct Plan
The fund has given 23.26 per cent annualised returns in the 10-year time frame.
It has AUM of Rs 15,940 crore, while its NAV is Rs 123.0230.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.75 per cent annualised returns since its launch in February 2013.
Motilal Oswal Midcap Fund - Direct Plan
At an expense ratio of 0.60 per cent, the fund has Rs 500 as the minimum SIP and lump sum investments.
A Rs 10 lakh investment in the fund has swelled to Rs 80,92,770 in 10 years.
Quant Small Cap Fund - Direct Plan
The fund has given 22.72 per cent annualised returns in the 10-year period.
Its AUM is Rs 25,535 crore, while its unit price is Rs 305.8725.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 20.58 per cent annualised returns since its beginning in January 2013.
Quant Small Cap Fund - Direct Plan
With an expense ratio of 0.64 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10 lakh investment in the fund has jumped to Rs 77,46,300 in the 10-year time frame.
Edelweiss Mid Cap Fund - Direct Plan
The fund has given 22.57 per cent annualised returns in 10 years.
It has AUM of Rs 7,401 crore, while its NAV is Rs 119.2460.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 24.35 per cent annualised returns since its inception in January 2013.
Edelweiss Mid Cap Fund - Direct Plan
At an expense ratio of 0.38 per cent, the fund has Rs 100 as the minimum SIP and lump sum investments.
A Rs 10 lakh investment in the fund has zoomed to Rs 76,51,800 in the 10-year time period.
Axis Small Cap Fund - Direct Plan
The fund has given 22.31 per cent annualised returns in the 10-year time frame.
It has an asset base of Rs 23,772 crore, while its unit price is Rs 126.8000.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 26.44 per cent annualised return since its launch in November 2013.
Axis Small Cap Fund - Direct Plan
At an expense ratio of 0.54 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment.
A Rs 10 lakh investment in the fund has turned into Rs 74,90,550 in 10 years.
Kotak Emerging Equity Fund - Direct Plan
The fund has given 21.99 per cent annualised returns in the 10-year period.
It has AUM of Rs 51,366 crore, while its NAV is Rs 156.9410.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 22.84 per cent annualised return since its debut in January 2013.
Kotak Emerging Equity Fund - Direct Plan
With an expense ratio of 0.34 per cent, the fund has Rs 100 as the minimum SIP and lump sum investments.
A Rs 10 lakh investment in the fund has grown to Rs 73,01,590 in the 10-year period.