These 4 funds give amazing returns..!!

Mutual funds have been well received during the recent booms in the indian stock markets. Investors are showing interest in mutual funds even as leading stock indices are currently under pressure. Given below are the details of 4 funds that have registered a compound annual growth rate of up to 40% considering the performance of the last 5 years. These funds outperformed the leading markets in terms of returns.

Bank of india Small Cap Fund: An equity fund focused on small-cap funds was launched on december 19, 2018. The 5-year compound annual growth rate is 38.66 percent. Currently manages assets of around Rs.1,516.96 crore. The current NAV is Rs 52.09. Likewise, among investments, industrials (12.23%), consumer discretionary (11.52%), and commodities (9.41%) are major investments. There is a 9.02% investment in finance and accounting.
Edelweiss Small Cap Fund: An open-end equity fund that focuses on small-cap stocks. It became operational on february 1, 2019. The 5-year compound annual growth rate is 34.66 percent. It manages assets of approximately Rs.4,292.71 crore. Currently, NAV is Rs.46.82. Investments consist of Industrials (21.14%), Finance (14.16%), Consumer Discretionary (11.80%), Commodities (5.23%) and Pharma (4.82%).

Tata Small Cap Fund: Major investment in small caps. Long-term capital formation is the main objective. Launched on november 12, 2018. The five-year compound annual growth rate is 35.29%. 9,319.04 crore assets under management. Currently, NAV is Rs.45.97. As far as investments are concerned, Materials (25.75%), Industrials (18.28%), Consumer Discretionary (8%), Finance (6.29%), and CBLO/Reverse Repo (5.57%) are among the top picks.

Mire Achat Midcap Fund: It is an open-ended equity fund that mainly invests in midcap stocks. Focus on it for long-term income. It was launched on July 31, 2019. The five-year compound annual growth rate is 27.87%. 17,787.87 crore assets under management. Currently, NAV is Rs.36.16. Investments are in Finance (14.17%), Materials (10.75%), Consumer Discretionary (10.68%), Industrials (8.42%) and Healthcare (8.16%).
For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

mutual funds

Sowmiya Sriram

17/11/2024 10:38 AM