Around 15 equity mutual funds have offered more than 30% in three years, an analysis of performance by ETMutualFunds showed. There were around 209 equity mutual funds that completed three years of existence in the market.
Quant Small Cap Fund, the topper in the list, gave 40.02% return in the last three years. Two mid cap schemes - Motilal Oswal Midcap Fund and Quant Mid Cap Fund - gave 36.78% and 35.34% return in the said period.
Nippon India Small Cap Fund, the largest scheme in the small cap category based on assets managed, gave 35.05% return in the last three years. The scheme manages assets of Rs 45,749 crore as on March 31, 2024.
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HDFC Mid-Cap Opportunities Fund, the largest scheme in the mid cap category based on assets managed, gave 30.10% return in the last three years. The scheme manages assets of Rs 60,417 crore as on March 31, 2024.
These 15 equity mutual funds were contra, ELSS, flexi cap, mid cap, multi cap and small cap categories. Around eight small cap, three mid cap, one contra, ELSS, flexi cap, and multi cap schemes featured on the list.
In the list of equity schemes that gave over 30% return in the last three years, four schemes were from Quant Mutual Fund, two schemes were from HDFC Mutual Fund and Nippon India Mutual Fund each. The other schemes were from Bandhan Mutual Fund, Canara Robeco Mutual Fund, Franklin Templeton Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, SBI Mutual Fund, and Tata Mutual Fund.
ETMutualFunds also analysed the performance of these 15 equity schemes with the performance of their respective benchmarks in the said period. Out of these 15 schemes, 14 schemes managed to outperform their respective benchmarks. Only one scheme failed to beat its benchmark.
Franklin India Smaller Companies Fund gave 32.49% return in the last three years against 30.43% return by its benchmark (Nifty Smallcap 250 - TRI). Tata Small Cap Fund offered 30.73% return in the last three years compared to 30.43% return by its benchmark (Nifty Smallcap 250 - TRI).
Also Read | ITC, Infosys among top 10 stock holdings of SBI Mutual Fund
Canara Robeco Small Cap Fund gave 30% return in the last three years. The scheme failed to beat its benchmark Nifty Smallcap 250 - TRI which gave 30.43% return in the said period.
We consider all equity categories such as large cap, mid cap, large & mid cap, small cap, ELSS funds, multi cap, flexi cap, focused fund, value and contra fund categories. We considered regular and growth schemes.
Note, the above exercise is not a recommendation. The exercise was done to find which equity mutual funds have offered over 30% return in the last three years. One should not make investment or redemption decisions based on the above exercise.
One should always consider risk profile, investment horizon, and goal before making an investment decision.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
FAQs
15x15x30 rule in mutual funds is strategy to invest Rs 15,000 per month for 30 years in a fund that offers a 15% annual return. According to some experts, this strategy can help an investor accumulate Rs 10 crore over 30 years, compared to Rs 1 crore if they invested for 15 years.
How much CAGR is good for mutual funds? ›
A good CAGR for mutual funds depends on the investor's financial goals and risk tolerance. Generally, a CAGR of 12-15% is considered good for equity mutual funds, while a CAGR of 8-10% is considered good for debt mutual funds.
Which mutual funds give 30% return? ›
Motilal Oswal ELSS Tax Saver Fund, an ELSS fund, gave 30.49% return in the same period. Two small caps - Tata Small Cap Fund and Bank of India Small Cap Fund - offered 30.44% and 30.33% returns respectively in last six months.
Which is the highest CAGR mutual fund? ›
Flexi-cap mutual funds
Flexi cap funds | 5-year-returns (%) |
---|
Franklin India Flexi Cap Fund | 25.17 |
HDFC Flexi Cap Fund | 25.16 |
HSBC Flexi Cap Fund | 22.61 |
JM Flexicap Fund | 28.61 |
8 more rowsSep 8, 2024
How much return can I expect from mutual funds in 15 years? ›
Consider investing Rs 15,000 per month for 15 years and earning 15% returns. After 15 years, the total wealth will be Rs 1,00,27,601 (Rs. 1 crore). According to the compounding principle, if we implement these very same returns and contributions for another 15 years, the amount we accumulate grows enormously.
What is the 3 5 10 rule for mutual funds? ›
Specifically, a fund is prohibited from: acquiring more than 3% of a registered investment company's shares (the “3% Limit”); investing more than 5% of its assets in a single registered investment company (the “5% Limit”); or. investing more than 10% of its assets in registered investment companies (the “10% Limit”).
What does 3 year CAGR mean? ›
What does a three-year CAGR mean? The 3-year compounded annual growth rate of an investment, such as a stock, is determined by the increase in per share price over the 3-year period, plus any dividends paid on the shares during that period.
Is a CAGR of 30% good? ›
A CAGR in sales of 5-12 per cent is suitable for large-cap companies. Similarly, for small businesses, a CAGR of 15% to 30% is satisfactory. Furthermore, a company's CAGR must be consistent over time. As a result, a promising CAGR does not always imply the highest CAGR; it can also mean stable and constant growth.
What is the downside of CAGR? ›
The most important limitation of the CAGR is that because it calculates a smoothed rate of growth over a period, it ignores volatility and implies that the growth during that time was steady. Returns on investments are uneven over time, except for bonds that are held to maturity, deposits, and similar investments.
Which mutual fund is best for 3 years? ›
Best Mutual Funds in India in 2024 (as per 3Y Returns)
Fund Category | Top-performing Funds (as per 3Y return) | 3Y Return (Annualised) |
---|
Equity | SBI PSU Direct Plan-Growth | 45.50% |
ICICI Prudential Infrastructure Direct Growth | 43.77% |
HDFC Infrastructure Direct Plan-Growth | 42.95% |
Quant Infrastructure Fund Direct-Growth | 42.86% |
12 more rowsAug 7, 2024
Synopsis. Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top performers were small-cap-focused. Bank of India Small Cap Fund led with a 31.22% return, followed by Edelweiss Small Cap Fund at 28.69%.
Which mutual fund gives 15 percent return? ›
Two schemes from Bandhan Mutual Fund, HDFC Mutual Fund, JM Mutual Fund, Kotak Mutual Fund, and SBI Mutual Fund offered more than 15% in three, five, seven, and 10-year horizons.
Which mutual fund gives 40% return? ›
Fund Performance: The ICICI Prudential BHARAT 22 FOF Fund has given 39.49% annualized returns in the past three years and 27.44% in the last 5 years. The ICICI Prudential BHARAT 22 FOF Fund comes under the Equity category of ICICI Prudential Mutual Funds.
What is considered a large CAGR? ›
For large-cap companies, a CAGR in sales of 5-12% is good. Similarly, for small companies, a CAGR between 15% to 30% is good. On the other hand, start-up companies have a CAGR ranging between 100% to 500%.
What does CAGR mean in mutual fund? ›
CAGR or Compound Annual Growth Rate is a measure of the annualised growth of an investment over a specific period. It tells you how much your investment has grown on an average annual basis. CAGR smoothens the bumps and fluctuations in investment returns, providing a clear picture of how your money has grown over time.
What is 15x15x15 investment rule? ›
It says that if you invest Rs. 15,000 per month via SIP in an equity mutual fund that is capable of generating an average return of 15%, you are most likely to become a crorepati in 15 years (as stated in the example above). Your total investment in fifteen years = Rs. 15,000 x 180 months = Rs. 27,00,000.
What is the 75 5 10 rule for mutual funds? ›
A 75-5-10 diversified management investment company will have 75% of its assets in other issuers and cash, no more than 5% of assets in any one company, and no more than 10% ownership of any company's outstanding voting stock.
What is 50 30 20 rule mutual fund? ›
The rule is very simple in practice. It asks you to break your in-hand income into three parts. 50% of the income goes to needs, 30% for wants and 20% to savings and investing. In this way, you will have set buckets for everything and operate within the permissible amount for each bucket.
What if I invest $1,000 a month in mutual funds for 20 years? ›
Mid Cap Mutual Fund:- If you invest Rs 1000/per month for 20 yrs in Mid cap mutual fund, Assuming that 15–16 % interest rate. You will have approx 15–16 lakhs.In long term all mutual funds are safe.