These 5 equity mutual funds deliver absolute returns of up to 150% in three years

Around 212 equity schemes have completed three years in the market. Out of these 212 schemes, 34 schemes offered an absolute return of more than 100% on lumpsum investments in the last three years. Here are the top five, according to the data extracted from ACE MF.

Motilal Oswal Midcap Fund, the first on the list, gave an absolute return of 150.11% in the last three years on the lumpsum investments. The scheme multiplied wealth by 2.50 times and a lump sum investment of Rs 10,000 made three years ago would have turned to Rs 25,010 now.

Two smallcap funds - Quant Small Cap Fund and Nippon India Small Cap Fund - gave an absolute return of 142% and 140%, respectively. These two schemes multiplied investors' wealth by 2.42 times and 2.40 times, respectively. A lump sum investment of Rs 10,000 made three years ago in these two smallcap schemes would have turned to Rs 24,210 and Rs 24,011, respectively now.

Quant Mid Cap Fund gave an absolute return of 137.85% on lumpsum investments in the last three years. The scheme multiplied investors' wealth by 2.38 times. A lump sum investment of Rs 10,000 made three years ago in this scheme would have turned to Rs 23,785 now.

Quant Mid Cap Fund gave an absolute return of 137.85% on lumpsum investments in the last three years. The scheme multiplied investors' wealth by 2.38 times. A lump sum investment of Rs 10,000 made three years ago in this scheme would have turned to Rs 23,785 now.

One should always consider risk appetite, investment horizon, and goal before making any investment decision.