5 low cost mutual fund schemes with highest 3-year returns. Check details (2024)

FAQs

5 low cost mutual fund schemes with highest 3-year returns. Check details? ›

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

The top performing mutual funds over the last three years include Nippon India Small Cap Fund, Quant Small Cap Fund, HSBC Small Cap Fund, Tata Small Cap Fund, and ICICI Pru BHARAT 22 FOF. Each of these funds has demonstrated significant growth and strong returns in their respective categories.

ELSS funds are diversified equity-oriented mutual funds that offer tax benefits under Section 80C of the Income Tax Act, 1961. You can choose to invest in a lump sum or instalments via a SIP. All ELSS funds have a lock-in period of three years.

General ROI: A positive ROI is generally considered good, with a normal ROI of 5-7% often seen as a reasonable expectation. However, a strong general ROI is something greater than 10%. Return on Stocks: On average, a ROI of 7% after inflation is often considered good, based on the historical returns of the market.

So when you see a 5% under the 3-month column, it means the fund has given 5% in 3 months' time. 12% annualized return in 3 years means 12% return earned every year for the past three years and not 12% total return in 3 years.

The main benefits of investing in the best mutual funds for the short term (3 years) include capital preservation, stable returns, professional management, liquidity, and diversification. These funds provide investors with an attractive investment option that balances risk and reward over a shorter time horizon.

Can I withdraw money from mutual funds anytime? Yes, you can withdraw money from most mutual funds anytime, unless they have a lock-in period.

Which mutual funds give 30% return? ›

The top-performing mutual funds over the last two years include Parag Parikh Flexi Cap Fund, Mirae Asset Large & Midcap Fund, ICICI Pru Multicap Fund, Quant Active Fund, PGIM India Flexi Cap Fund, and Quant Focused Fund. These funds have shown robust returns in their respective categories.

Short-term capital gains: If the units of a short duration fund are held up to 3 years, capital gains on sale are considered short-term capital gains and taxed at the income tax slab rate applicable to the investor.