11 equity mutual funds multiply investors' lumpsum investment by over 4.3 times in 5 years
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Around 11 equity mutual funds have multiplied investors' lumpsum investment by over 4.30 times in the last five years. There were nearly 200 funds in the said time period.The top two funds were small caps. Quant Small Cap Fund multiplied the investors' lumpsum investment by 6.35 times in the last five years. A lumpsum investment of Rs 1 lakh made in this fund five years ago would have been Rs 6.35 lakh now. The fund gave a CAGR of 44.73% in the same period.Also Read | JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest? Nippon India Small Cap Fund, the largest small cap fund based on assets managed, multiplied the lumpsum investment by 4.99 times and offered a CAGR of 37.94% in the said time period. Motilal Oswal Midcap Fund multiplied the same investments by 4.75 times and delivered a CAGR of 36.58% in the same time period. The next funds in the list were small cap funds. Bandhan Small Cap Fund multiplied the lumpsum investment by 4.70 times and offered a CAGR of 36.26%.HSBC Small Cap Fund and Bank of India Small Cap Fund multiplied the lumpsum investments by 4.50 times and 4.46 times respectively in the last five years followed by Franklin India Smaller Cos Fund which multiplied the investments by 4.44 times. Franklin India Smaller Cos Fund gave a CAGR of 34.75% in the similar time period. Edelweiss Small Cap Fund and HDFC Small Cap Fund multiplied the investments by 4.37 times each in the same time period. Both the funds gave a CAGR of 34.32% in the said period.Invesco India Smallcap Fund and Canara Rob Small Cap Fund multiplied the same Rs 1 lakh investment by 4.31 times each in the similar time period and gave a CAGR of 33.92% and 33.91% respectively.The other equity funds multiplied the investments ranging between 2.01 times to 4.28 times in the same time period. SBI Contra Fund, the largest and oldest contra fund, multiplied the investors' lumpsum investment by 4.26 times.Quant Mid Cap Fund, a prominent fund managed by Quant Mutual Fund, multiplied the investments by 4.03 times in the same time period. The oldest ELSS fund, SBI Long Term Equity Fund, multiplied the lumpsum investment by 3.49 times and gave a CAGR of 28.39% in the last five years.Also Read | Sensex vaults 11,000 points from April lows. Which mutual funds should you buy? Parag Parikh Flexi Cap Fund , the largest active fund and flexi cap fund based on assets managed, multiplied the investment by 3.21 times and gave a CAGR of 26.28% in the said time period.Motilal Oswal Focused Fund was the last one in the list and multiplied the investment by 2.01 times and gave a CAGR of 14.97% in the last five years.We considered all equity funds excluding sectoral and thematic funds. We considered regular and growth options. We calculated the lumpsum investment performance of equity funds in the last five years.Note, the above exercise is not a recommendation. The exercise was done to find which equity funds have multiplied investors' lumpsum investment by over 4.30 times in the last five years.One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goals before making any investment decisions.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
6 minutes ago
- Indian Express
Amid space crunch, Punjab and Haryana HC considers third site proposed for possible relocation
The Punjab and Haryana High Court on Wednesday took note of a fresh proposal to utilise land vacated after the shifting of the furniture market for a possible relocation of the court complex, adding a third alternative to the two already under consideration. The division bench of Chief Justice Sheel Nagu and Justice Sanjiv Berry was hearing the matter of space constraints at the high court and possible sites for additional courtrooms and facilities. Additional Solicitor General Satya Pal Jain, representing the Union of India, informed the court that officials and stakeholders — including members of the Bar, court staff, architects, and the Union Territory administration — met on August 7 to discuss the urgent requirement for more courtrooms. He said the meeting examined two possible courses of action, keeping in mind the severe space crunch and the fact that the current complex is a UNESCO World Heritage site. The first option, Jain said, is to expand 'within the existing campus,' specifically towards the parking area outside the Bar room. The plan proposes three underground parking levels and three floors above ground, accommodating 16 new courtrooms at an estimated cost of Rs 200 crore. However, this would require UNESCO's clearance — a process expected to take about a year — and would cause significant disruption to the roughly 1,000 vehicles parked there daily, alongside logistical and security challenges during the multi-year construction. The second option involves relocating court facilities to one of two new sites. The first is Sarangpur, with 48 acres of available land and an estimated project cost of Rs 350 crore. The Union territory administration is open to this plan, though site-specific challenges remain. The second is an IT park, which will be assessed for feasibility. Jain said a small team of senior officials and Bar representatives will visit both Sarangpur and the IT park this weekend to evaluate ground realities such as traffic flow and infrastructure readiness. The Bar Association has sought time till August 20 to decide whether it is willing to move out of the current complex. If it agrees, planning will proceed at the chosen new site. If not, the administration will have to pursue the in-situ expansion despite the constraints. During the hearing, Bar Council president Sartej Singh Narula suggested a third option — using several acres of land freed after the furniture market's relocation near Sectors 53–55, close to Mohali. Senior standing counsel for the Union territory, Anit Jhanji, reading from affidavits, highlighted the Capitol Complex's UNESCO heritage restrictions, noting that any major construction within the protected zone must be pre-cleared by the World Heritage Committee under Paragraph 172 of the Operational Guidelines. He also traced the legal framework since the complex's 2016 inscription is part of Le Corbusier's transnational architectural works. The bench also discussed an approved plan near the Open Hand Monument that proposes shifting certain high court branches into five new halls, freeing space within the main building. The counsel suggested incorporating two underground parking levels into this project to address staff parking shortages. The court noted that, if feasible, this plan could be placed before the heritage committee by September for clearance. Bar Council advocates, meanwhile, called for a small joint committee of the high court, Union territory administration, and Bar representatives to address 'minor but persistent' operational issues outside the courtroom, such as delayed fire safety clearances and relocation of branches. The matter will be heard next on August 22.
Economic Times
6 minutes ago
- Economic Times
BPCL Q1 Results: Cons profit soars 141% YoY to Rs 6,839 crore, but revenue up 1%
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hans India
9 minutes ago
- Hans India
Gujarat Education Department relaunches nine upgraded websites for public access
Gandhinagar: The Gujarat government on Wednesday relaunched nine upgraded websites under the Education Department. The initiative was led by Higher and Technical Education Minister Rushikesh Patel, with Minister of State for Primary, Secondary and Adult Education Praful Pansheriya gracing the occasion. Developed at a cost of Rs 50.11 lakh, the revamped websites are designed to provide citizens and students with swift and convenient digital access to key information such as education-related resolutions, policies, circulars, scholarship details, government schemes, and the latest initiatives in the sector. Speaking at the event, Minister Rushikesh Patel said the project aligns with the Viksit Bharat@2047 and Viksit Gujarat@2047 vision, highlighting the state government's priority to strengthen digital infrastructure for governance and service delivery. "These websites will ensure that vital education-related information reaches the public quickly and transparently," he noted. Minister Praful Pansheriya added that the upgraded portals will make details of scholarship programmes, state education policies, and new initiatives easily accessible to students and stakeholders, promoting greater inclusivity in the dissemination of information. The nine websites relaunched today include the portals of the Commissioner of Higher Education, NCC Directorate, Directorate of Primary Education, Directorate of Continuing Education and Literacy, State Examination Board, Gujarat Institute of Educational Technology, Gujarat State School Textbook Board, and the Gujarat Council of Educational Research and Training. In the 2025–26 Gujarat state budget, state Finance Minister Kanu Desai has earmarked a substantial Rs 59,999 crore for the education sector. Among the key allocations are Rs 2,914 crore for the Mission Schools of Excellence (upgrading 25,000 classrooms), Rs 1,250 crore for the Namo Lakshmi Yojana, Rs 782 crore for RTE (private school admissions), and ₹250 crore for the Namo Saraswati Science Scheme benefiting approximately 2.5 lakh students. Additional investments include Rs 617 crore for nutritious midday meals, Rs 175 crore for AI labs in technical institutions, Rs 100 crore for the newly proposed Gujarat Institute of Technology (GIT), and funding for scholarships, smart classrooms, and recruitment of 22,000 teachers, reflecting a broad-based strategy to modernise education across the state.
