Equity mutual funds that doubled investors’ wealth in 3 years. Here are top 10

Mar 09, 2024, 10:42:57 AM IST

Around 36 equity mutual funds doubled investors’ wealth in a three-year horizon, according to data by ACE MF. Here are the top 10 schemes.

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The scheme offered a 196% absolute return in a three-year horizon. A lump sum investment of Rs 1 lakh made in the scheme would have been Rs 2.95 lakh in three years.

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This midcap scheme offered an absolute return of 158% in three years. A lumpsum investment of Rs 1 lakh made in the scheme would have been Rs 2.58 lakh

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The scheme offered an absolute return of 144% in three years. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.43 lakh.

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5/11

Nippon India Small Cap Fund

This largest scheme in the smallcap category based on assets managed offered an absolute return of 143%. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.43 lakh.

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The smallcap scheme offered an absolute return of 138% in three years. A lump sum investment of Rs 1 lakh made in the scheme would have been Rs 2.38 lakh in three years.

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7/11

Quant ELSS Tax Saver Fund

The scheme offered a 134% absolute return in three years. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.33 lakh.

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8/11

Motilal Oswal Midcap Fund

The scheme offered an absolute return of 132%. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.32 lakh.

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This smallcap scheme offered an absolute return of around 127% in three years. A lumpsum investment of Rs 1 lakh made in the scheme three years ago would have now been Rs 2.26 lakh crore.

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10/11

Quant Large & Mid Cap Fund

The large & mid cap scheme gave an absolute return of 125% in a three-year period. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.25 lakh.

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11/11

Franklin India Smaller Cos Fund

This smallcap scheme gave an absolute return of 122% in three years. If Rs 1 lakh were invested in the scheme three years ago it would have been Rs 2.21 lakh.

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