11 equity mutual funds offer over 10% in May. Have you invested in any for your portfolio?
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May top performers
Around 11 equity mutual funds delivered over 10% return in May with international funds leading the return chart. Here are the top performers: (Source: ACE MF)
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Mirae Asset Global X Artificial Intelligence & Technology ETF FoF
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF offered the highest return in May of around 17.10%.
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Two with 14% gain
Nippon India Taiwan Equity Fund and Edelweiss US Technology Equity FOF offered a return of 14.75% and 14.15% respectively in the said time period.
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Three international funds
Invesco India - Invesco Global Consumer Trends FoF, HSBC Global Emerging Markets Fund and Franklin Asian Equity Fund delivered a return of 12.24%, 12.18% and 11.95% respectively in May.
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Quant ESG Integration Strategy Fund
Quant ESG Integration Strategy Fund, a thematic fund, delivered a return of 11.14% in the month of May.
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Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF, an international fund, offered a return of 10.56% in the said period.
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Quant Teck Fund
Quant Teck Fund, a tech sector based fund, delivered a return of 10.55% in May.
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Two other international funds
Aditya Birla SL US Equity Passive FOF and Navi Nasdaq100 US Specific Equity Passive FOF delivered returns of 10.43% and 10.22% respectively in May.