Dream 11 equity mutual funds multiply wealth up to 4 times in 7 years. Are they in your portfolio?

Mutual fund investors always look for schemes, which either double or triple their investments over a period. ETMutualFunds did some data crunching and found out that around 11 equity mutual funds have multiplied investors’ lumpsum investments by over three times in the last seven years.

These 11 schemes were from five different categories. Three were from smallcap, midcap, and flexicap funds each, and one multicap, and an ELSS fund multiplied wealth by more than three times in the mentioned period.

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The top two schemes were from Quant Mutual Fund. Quant Small Cap Fund and Quant Mid Cap Fund multiplied a Rs 1 lakh lumpsum investment by 4.80 times and 3.66 times, respectively, in the last seven years. In the same period, the schemes gave a CAGR of 25.11% and 20.36%, respectively.


The next two schemes multiplied the investments by 3.51 times each. Motilal Oswal Midcap Fund and Quant ELSS Tax Saver Fund multiplied the Rs 1 lakh lump sum investment by 3.51 times each in the last seven years and offered a CAGR of 19.66% and 19.65%, respectively.

Axis Small Cap Fund turned Rs 1 lakh investment into Rs 3.39 lakh, indicating a multiplication of wealth by 3.40 times in the last seven years. The scheme offered a CAGR of 19.09% in the same period.

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Quant Active Fund, the only multicap fund to feature on this list, multiplied the wealth by 3.34 times and offered a CAGR of 18.81% in the said period. The largest smallcap fund based on assets managed, Nippon India Small Cap Fund, multiplied lumpsum investment by 3.29 times and gave a CAGR of 18.53%.

Two schemes on the list are from the flexicap category. Quant Flexi Cap Fund and Parag Parikh Flexi Cap Fund multiplied the lump sum investment by 3.27 times each and gave a CAGR of 18.44% and 18.43%, respectively. Nippon India Growth Fund and JM Flexicap Fund multiplied the same lump sum investment by 3.08 times and 3.04 times, respectively, in the mentioned period.

The other equity mutual funds available in the said time period multiplied Rs 1 lakh lump sum investment between 1.64 times to 2.99 times in the last seven years.

We considered all equity mutual funds and regular and growth options. We calculated the performance from January 23, 2018 to January 22, 2025.

Note, the above exercise is not a recommendation. The exercise was one to find which schemes multiplied Rs 1 lakh investment by more than three times in the last seven years. One should not make investment or redemption decisions based on the above exercise

One should always consider risk appetite, investment horizon, and goals before making an investment decision.

(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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