Top 7 Mutual Funds With Highest Returns in 1 Year: Rs 6,54,321 in No 1 scheme has jumped to 10,38,996; what about others?
Top 7 Mutual Funds With Best Returns in 1 Year: Mutual fund lump sum investors got up to a 56 per cent annualised return (CAGR) this year (2024). Amid sharp share market fluctuations, many funds beat their benchmarks, emerging as toppers.
Top 7 Mutual Funds With Best Returns in 1 Year: In the second half of the year, the Indian share market witnessed sharp fluctuations. The benchmark Nifty 50 crossed the 26,000-mark for the first time in September 2024, but after that, it went through many ups and downs. However, amid such tumultuous times, many equity mutual funds registered remarkable growth and beat their respective benchmarks. In terms of highest annualised returns (CAGR), mutual funds registered up to 56 per cent annualised return in a year, as per Value Research data. In this write-up, know about the top 7 mutual funds that have given highest annualised return this year. Also know how a Rs 6,54,321 lump sum investment in each of them has performed during this time frame.
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Motilal Oswal Midcap Fund - Direct Plan
The fund has given 58.79 per cent annualised return in the 1-year period.
It has assets under management (AUM) of Rs 22,898 crore, while its net asset value (NAV) is Rs 128.5415.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.52 per cent annualised return since its starting in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
With an expense ratio of 0.54 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 6,54,321 lump sum investment in 1 year has converted to Rs 10,38,996.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
The fund has given 48.10 per cent annualised return in the 1-year time frame.
It has AUM of Rs 5,045 crore, while its NAV is Rs 42.7600.
Benchmarked against BSE Healthcare TRI, the fund has given 25.17 per cent annualised return since its beginning in July 2018.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
At an expense ratio of 1.09 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 6,54,321 lump sum investment in the 1-year period has jumped to Rs 9,69,049.4.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
The fund has given 48.00 per cent annualised SIP return in 1 year.
It has a fund size of Rs 4,187 crore, while its NAV is Rs 62.7627.
Benchmarked against NIFTY 500 TRI, the fund has given 20.28 per cent annualised return since its inception in January 2015.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
With an expense ratio of 0.65 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 6,54,321 lump sum investment in the 1-year time frame has sprung to Rs 9,68,395.08.
LIC MF Infrastructure Fund - Direct Plan
The fund has given 47.87 per cent annualised return in the 1-year period.
It has an asset base size of Rs 852 crore, while its unit price is Rs 57.4788.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.26 per cent annualised return since its debut in January 2013.
LIC MF Infrastructure Fund - Direct Plan
At an expense ratio of 1.06 per cent, the fund has Rs 200 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 6,54,321 lump sum investment in 1 year has swelled to Rs 9,67,544.46.
Motilal Oswal Large and Midcap Fund - Direct Plan
The fund has given 46.79 per cent annualised return in the 1-year time frame.
Its AUM is Rs 7,710 crore, while its NAV is Rs 37.4526.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund has given 28.86 per cent annualised return since its launch in October 2019.
Motilal Oswal Large and Midcap Fund - Direct Plan
With an expense ratio of 0.48 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 6,54,321 lump sum investment in the 1-year period has grown to Rs 9,60,477.8.
Invesco India Focused Fund - Direct Plan
The fund has given 44.80 per cent annualised return in 1 year.
It has an asset base of Rs 3,443 crore, while its NAV is Rs 30.7300.
Benchmarked against BSE 500 TRI, the fund has given 30.19 per cent annualised return since its starting in September 2020.
Invesco India Focused Fund - Direct Plan
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 6,54,321 lump sum investment in 1-year time frame is now worth Rs 9,47,456.81.
Invesco India Mid Cap Fund - Direct Plan
The fund has given 44.74 per cent annualised return in the 1-year period.
It has AUM of Rs 5,863 crore, while its unit price is Rs 206.0900.
Benchmarked against BSE 150 MidCap TRI, the fund has given 22.69 per cent annualised return since its debut in January 2013.
Invesco India Mid Cap Fund - Direct Plan
With an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 6,54,321 lump sum investment in 1 year has converted into Rs 9,47,064.22.