12 equity mutual funds deliver over 70% absolute return in 3 and 5 years. Were they added in your portfolio?

Around 12 equity mutual funds delivered over 70% absolute return in the last three and five years, an analysis by ETMutualFunds showed. There were 218 funds that completed five years of existence in the market.

Among these 12 funds, four funds were from Invesco India Mutual Fund and two funds were from Motilal Oswal Mutual Fund, while one fund each came from Bandhan Mutual Fund, Bank of India, Edelweiss Mutual Fund, HSBC Mutual Fund, ICICI Prudential Mutual Fund, and ITI Mutual Fund.

Bandhan Small Cap Fund delivered 89.22% absolute return in the last three years and 130.97% in the last five years. This was followed by another small cap fund, Bank of India Small Cap Fund, which gave 76.48% and 132.50% absolute return in the last three and five years respectively.


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The next three funds in the list were mid cap funds. Edelweiss Mid Cap Fund posted a return of 72.41% and 119.36% in the last three and five years respectively. HSBC Midcap Fund delivered an absolute return of 88.79% and 125.57% in the last three and five years respectively.

ICICI Pru Mid Cap Fund offered a return of 77.29% in the last three years and 111.59% in the last five years. The next four funds in the list were from Invesco India Mutual Fund. Invesco India Focused Fund posted a gain of 73.83% in the last three years and 88.87% in the last five years.

Invesco India Large & Mid Cap Fund offered an absolute return of 82.38% and 109% in the last three and five years respectively. Invesco India Midcap Fund delivered an absolute return of 86.38% and 132.93% in the last three and five years respectively.

Invesco India Smallcap Fund delivered an absolute return of 82.16% and 136% in the last three and five years respectively. ITI Small Cap Fund posted a gain of 89.32% and 123.92% in the last three and five years respectively.

The next two funds in the list were from Motilal Oswal Mutual Fund: Motilal Oswal ELSS Tax Saver Fund and Motilal Oswal Large & Midcap Fund. Motilal Oswal ELSS Tax Saver Fund posted a gain of 75.50% in the last three years and 110.90% in the last five years.

Motilal Oswal Large & Midcap Fund delivered a return of 78.52% in the last three years and 125.52% in the last five years.

Among these 12 funds, ITI Small Cap Fund delivered the highest return in the last three years of around 89.32%, whereas Edelweiss Mid Cap Fund gave the lowest return of around 72.41%.

In the last five years, Invesco India Smallcap Fund gave the highest return of 136%, whereas Invesco India Focused Fund gave the lowest return of 88.87%.

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We considered all equity funds excluding sectoral and thematic funds. We considered regular and growth options. We calculated the absolute returns for the last three years and five years.

Note, the above exercise is not a recommendation. The exercise was done to find which equity mutual funds delivered an absolute return of over 70% in the last three years and five years both. One should not make investment or redemption decisions based on the above exercise.

One should always consider risk appetite, investment horizon, and financial 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)

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