These 7 mutual funds multiplied investors’ wealth over 10x in 20 years. Are any of these part of your portfolio?
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Long-term wealth creators
Around seven equity mutual funds have multiplied investors’ money over 10 times in 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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Category breakdown
These seven funds were from three different categories. These funds were from large-cap, mid-cap, and flexi-cap fund categories.
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Nippon India Growth Mid Cap Fund
Nippon India Growth Mid Cap Fund multiplied investors’ money by 18.4 times in the last 20 years with a CAGR of 15.7% in the same 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 14.7 times and 14.5 times respectively in the last 20 years. These funds gave a CAGR of 14.4% and 14.3% respectively in the same period.
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Franklin India Flexi Cap Fund
Franklin India Flexi Cap Fund multiplied investors’ money by 12.7 times in the last 20 years with a CAGR of 13.5% respectively.
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Flexi cap and large cap fund 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 11.9 times and 11 times respectively in the last 20 years. These funds gave a CAGR of 13.2% and 12.7% respectively.
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HDFC Large Cap Fund
HDFC Large Cap Fund multiplied investors’ money by 10.6 times in the last 20 years with a CAGR of 12.5% in the same period.