Planning to invest lumpsum for 5 years? Here are top 5 mutual funds that lead the chart
By Surbhi Khanna, ET Online |
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Investment Guide
Planning a lump sum investment in mutual funds for five years? Here are the top five performers over the same period. (Source: Value Research)
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Two from ICICI Prudential Mutual Fund
ICICI Prudential Bharat 22 FoF and ICICI Prudential Infrastructure Fund delivered a CAGR of 28.47% and 26.88%, respectively, on lumpsum investments in the last five years. A lump sum investment of Rs 1 lakh in these funds would have yielded Rs 3.49 lakh and Rs 3.28 lakh, respectively.
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DSP India T.I.G.E.R Fund
DSP India T.I.G.E.R Fund delivered a CAGR of 25.52% on lumpsum investments in the said time period. If an investor invested Rs 1 lakh in this fund, the value would have been Rs 3.11 lakh now.
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SBI Children’s Investment Plan
SBI Children’s Investment Plan delivered a CAGR of 25.44% on lumpsum investments in the said time period. If an investor invested Rs 1 lakh in this fund, the value would have been Rs 3.10 lakh now.
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LIC MF Infrastructure Fund
LIC MF Infrastructure Fund delivered a CAGR of 24.98% on lumpsum investments in the last five years. A lumpsum investment of Rs 1 lakh made in this fund would have been Rs 3.04 lakh now. The fund is assigned a five star rating.
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Others in this time frame
Other mutual funds delivered CAGR ranging between 4.82% to 24.83% in the said time period. A lumpsum investment of Rs 1 lakh in these funds would have been between Rs 1.26 lakh to Rs 3.03 lakh.
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Considered universe
We considered all mutual funds that have marked their presence in the said time period. It includes equity, debt, passive, and commodity based funds.
