TRUSTMF Small Cap and HSBC Midcap among top 7 equity mutual funds that delivered over 20% returns in 1 year. Do you own any?

Seven equity mutual funds delivered over 20% returns in the last one year, according to an analysis by ETMutualFunds. The analysis covered nearly 292 funds during the period.

The analysis showed that out of 292 funds, 189 delivered positive returns, while 47 generated double-digit returns. Around 102 funds gave negative returns during the same period.

Among these seven funds, five were smallcap funds, while one each was a focused fund and a midcap fund. The top-performing fund delivered over 30% returns during the period.


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TRUSTMF Small Cap Fund, the best-performing fund on the list, delivered a return of 32.28% in the last one year. It was followed by Motilal Oswal Focused Fund with a 26.50% return in the same period.

The next four funds on the list were smallcap funds. Bank of India Small Cap Fund and Motilal Oswal Small Cap Fund delivered returns of 25.88% and 23.76%, respectively, during the period.

Union Small Cap Fund and ITI Small Cap Fund offered returns of 23.18% and 21.60%, respectively. HSBC Midcap Fund delivered a return of 20.19% in the last one year.

How did other equity funds fare?

LIC MF Value Fund and Aditya Birla SL Small Cap Fund delivered returns of 19.59% and 19.24%, respectively, in the last one year. Bajaj Finserv Small Cap Fund offered a return of 17.08% during the period.

Two smallcap funds, Quant Small Cap Fund and Sundaram Small Cap Fund, delivered returns of 15.44% and 15.23%, respectively, during the period. Helios Mid Cap Fund posted a gain of 12.76%.

Two funds from Quant Mutual Fund, Quant ELSS Tax Saver Fund and Quant Flexi Cap Fund, posted returns of 12.55% and 12.44%, respectively, in the last one year.

Two funds from Axis Mutual Fund, Axis Small Cap Fund and Axis Multicap Fund, delivered returns of 10.27% and 10.22%, respectively. ITI Focused Fund was the last fund on the list to deliver a double-digit return, at 10.04%.

Nippon India Small Cap Fund, the largest smallcap fund based on assets managed, delivered a return of 9.25% during the period. Edelweiss Small Cap Fund posted a gain of 8.42%.

Nippon India Growth Mid Cap Fund, the fund with the highest NAV, posted a gain of 7.32% during the period. HDFC Mid Cap Fund, the largest midcap fund based on assets managed, offered a gain of 6.38%.

Unifi Flexi Cap Fund delivered a return of 5.52% in the last one year. Canara Rob ELSS-Tax Saver Fund was the last fund to deliver a positive return, at 0.04%.

Negative performers

Parag Parikh ELSS Tax Saver Fund lost the most, declining around 11.02% during the period. It was followed by Franklin India Focused Equity Fund, which lost 9.34%.

Two funds from Quantum Mutual Fund, Quantum Value Fund and Quantum Value Fund, lost 8.08% and 8%, respectively, in the last one year.

Parag Parikh Flexi Cap Fund, the largest active fund and flexicap fund based on assets managed, lost 4.64% in the past one year. SBI ELSS Tax Saver Fund, the oldest ELSS fund, lost 3.25% during the same period.

SBI Contra Fund, the oldest and largest contra fund, lost 2.70% in the past one year. PGIM India Flexi Cap Fund posted the lowest decline, at around 0.03%.

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We considered all equity funds, excluding sectoral and thematic funds. We considered regular and growth-oriented funds and calculated their performance over the last one year.

Note: The above exercise is not a recommendation. The exercise was done to find which equity funds delivered over 20% return in the last one year. One should not make investment or redemption decisions based on the above exercise. One should always consider their risk appetite, investment horizon and financial goals before making any 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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