23 equity mutual funds deliver over12% CAGR on lumpsum investments in 5, 7, 10-year horizons

Around 23 equity mutual funds have delivered over 12% CAGR on lumpsum investments in the last five, seven, and 10-year horizons, an analysis by ETMutualFunds showed. The analysis looked at the lumpsum performance of 160 equity schemes that have been in the market for 10 years.

A further analysis showed that these 23 funds were from seven different categories such as small cap, mid cap, ELSS, multi cap, large & mid cap, focused fund, and flexi cap funds.

Axis Small Cap Fund delivered a CAGR of over 12% on lumpsum investments in the last five, seven, and 10-year horizons. Bandhan Large & Mid Cap Fund delivered a CAGR of 12.73%, 16.86% and 16.60% in the last five, seven, and 10-year horizons respectively.


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DSP Small Cap Fund offered 14.48%, 22.50% and 14.55% in the last five, seven, and 10-year horizons respectively. Edelweiss Mid Cap Fund also featured in the list and gave over 12% CAGR in all the three horizons. This was followed by Franklin India Small Cap Fund that gave over 12% CAGR in the said time periods.

The next three funds in the list were from HDFC Mutual Fund. These three funds were - HDFC Flexi Cap Fund, HDFC Focused Fund and HDFC Mid Cap Fund. This was followed by the mid cap and small cap fund of HSBC Mutual Fund.

HDFC Mid Cap Fund offered over 12% CAGR in all three horizons. The fund gave 12.71%, 18.55% and 14.07% on lumpsum investments in the last five, seven, and 10-year horizons, respectively.

The next two funds in the list were from Invesco India Mutual Fund. Invesco India Large & Mid Cap Fund delivered a return of 13.07% in the last five years, 15.92% in the last seven years and 14.80% in the last 10 years on lumpsum investments.

Invesco India Midcap Fund delivered a CAGR of 14.66% in the last five years, 20.57% in the last seven years and 16.21% in the last 10 years on lumpsum investments. Kotak Mid Cap Fund also featured in the list and delivered over 12% CAGR in the said time period.

The next two funds were from Motilal Oswal Mutual Fund. These two funds were - Motilal Oswal ELSS Tax Saver Fund and Motilal Oswal Midcap Fund that gave over 12% CAGR in all the three horizons.

Three funds from Nippon India Mutual Fund also featured in the list. Nippon India Growth Mid Cap Fund gave 14.32% in the last five years, 20.94% in the last seven years and 15.96% in the last 10 years.

The other two funds from Nippon India Mutual Fund were - Nippon India Growth Mid Cap Fund and Nippon India Small Cap Fund that gave over 12% CAGR in the said time periods.

Quant Small Cap Fund gave 15.04%, 31.38% and 18.81% CAGR in the last five, seven and 10 years respectively.

Midcap and smallcap funds from Sundaram Mutual Fund also featured in the list, delivering over 12% CAGR in all three horizons. The last one in the list was Union Small Cap Fund, which gave over 12% CAGR on lumpsum investments in all three horizons.

There were many equity mutual funds that gave over 12% CAGR in any one or two horizons but we considered the funds that gave over 12% CAGR in all the three horizons.

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The analysis covered all equity mutual fund categories, including large-cap, mid-cap, smallcap, large and midcap, flexicap, focused, multicap, ELSS, value and contra funds. It assessed their lump-sum performance across all three time horizons and considered only regular plans with growth options.

Note: the above exercise is not a recommendation. The main purpose of the exercise was to find out how many equity schemes have offered more than 12% CAGR in the last five, seven, and 10-year horizons.

One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goal before making any investment decisions. Past performance does not guarantee future returns.

(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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