HDFC Flexi Cap and Franklin India Mid Cap among 7 mutual funds that multiplied investors' wealth over 21x in 20 years
By Surbhi Khanna, ET Online |
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Wealth multipliers
Around seven equity mutual funds have multiplied investors’ money by more than 12 times over the last 20 years. Here is a detailed breakdown in descending order of wealth creation, according to the Wealth Conversations Report by FundsIndia.
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Fund categories
These seven funds belong to three categories: largecap, midcap and flexi cap.
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Nippon India Growth Mid Cap Fund
Nippon India Growth Mid Cap Fund multiplied investors’ money by 21.2 times over the last 20 years, delivering a CAGR of 16.5% during the period.
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HDFC Flexi Cap Fund and Franklin India Mid Cap Fund
HDFC Flexi Cap Fund and Franklin India Mid Cap Fund multiplied investors’ money by 16.4 times over the last 20 years, with both funds delivering a CAGR of 15%.
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Franklin India Flexi Cap Fund
Franklin India Flexi Cap Fund multiplied investors’ money by 14.4 times over the last 20 years, delivering a CAGR of 14.3%.
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Two from Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Flexi Cap Fund and Aditya Birla Sun Life Large Cap Fund multiplied investors’ money by 13.5 times and 12.5 times, respectively, over the last 20 years. The funds delivered CAGRs of 13.9% and 13.5%, respectively.
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HDFC Large Cap Fund
HDFC Large Cap Fund multiplied investors’ money by 12 times over the last 20 years, delivering a CAGR of 13.2% during the period.
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Long-term wealth creators
These seven funds have multiplied investors’ wealth by more than 11 times over the last 15 years and more than five times over the last 10 years. Nippon India Growth Mid Cap Fund was the biggest wealth creator over the 20-year, 15-year and 10-year periods.
