26-05-2025
30 equity mutual funds multiply lumpsum investments by over 2 times in 3 years
Most top performers were midcap and small-cap funds. Investors should consider risk appetite and goals before investing.
Around 30 equity mutual funds have multiplied investors' lumpsum investments by more than two times in the last three years, an analysis by ETMutualFunds showed. There were around 228 equity funds in the mentioned period.
Motilal Oswal Midcap Fund, the topper in the list, multiplied the lumpsum investments by 2.34 times in the last three years. A lumpsum investment of Rs 1 lakh made in this fund on May 26, 2022 would have been Rs 2.34 lakh now with a CAGR of 32.85% in the same period.
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Bandhan Small Cap Fund multiplied the investors' lumpsum investments by 2.33 times in the said period with a CAGR of 32.48%. Motilal Oswal Large & Midcap Fund and HDFC Mid-Cap Opportunities Fund multiplied the investments by 2.27 times and 2.23 times respectively in the last three years. Invesco India Midcap Fund and Edelweiss Mid Cap Fund in the last three years multiplied investors' investments by 2.15 times each. The schemes gave a CAGR of 29.09% each.
The next four schemes in the list were small cap funds. - Nippon India Small Cap Fund multiplied investments by 2.14 times in the last three years. Franklin India Smaller Cos Fund and Invesco India Smallcap Fund multiplied the investments by 2.13 times each. Quant Small Cap Fund multiplied the investors' lumpsum investment by 2.11 times in the said Long Term Equity Fund, the oldest ELSS fund, multiplied the lumpsum investment by 2.10 times in the last three years with a CAGR of 28.15% in the same period followed by Nippon India Multi Cap Fund and Sundaram Mid Cap Fund which multiplied the investments by 2.10 times India Prima Fund, one of the oldest mid cap funds, multiplied the investments by 2.08 times in the similar time frame. A lumpsum investment of Rs 1 lakh in the fund made three years ago would have been Rs 2.07 lakh now with a CAGR of 27.59% in the same period.
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HDFC Small Cap Fund multiplied the same investment by 2.06 times and offered a CAGR of 27.20% in the same period. Mahindra Manulife Mid Cap Fund multiplied the lumpsum investment by 2.05 times. Two schemes from Invesco Mutual Fund - Invesco India Large & Mid Cap Fund and Invesco India Focused Fund - multiplied the lumpsum investment by 2.03 times and 2.01 times each. These schemes gave a CAGR of 26.60% and 26.27% respectively in the said time period.
The last three schemes in list were from HDFC Mutual Fund - HDFC Flexi Cap Fund, HDFC Multi Cap Fund, and HDFC Focused 30 Fund - multiplied the lumpsum investments by 2.01 times each in the said time period. We considered all equity mutual funds. We considered regular and growth options. We calculated the lumpsum investments for the last three years between May 26, 2022 to May 26, the above exercise is not a recommendation. The exercise was done to find which equity funds have multiplied the investors' lumpsum investments by over two times in the last three years. One should not make investment or redemption decisions based on the above should always choose a scheme based on risk appetite, investment horizon, and goals.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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