These 6 equity mutual funds multiplied investors’ wealth by over 2.30X – Wealth Creators
.April 14, 2024
Around 40 equity mutual funds (MFs) doubled lumpsum investments in the last three years, an analysis by ETMutualFunds showed. There were around 209 equity MFs in the market that completed three years of existence. Here is a list of schemes that multiplied investors’ wealth more than 2.30 times.
iStock
2/7
Quant Small Cap Fund
Quant Small Cap Fund multiplied lumpsum investments by 2.70 times in the last three years. A lumpsum investment of Rs 1 lakh in this scheme made three years ago would have been Rs 2.69 lakh now with a CAGR of 39.17%.
Getty Images
3/7
Motilal Oswal Midcap Fund
This midcap fund multiplied wealth by 2.48 times in the last three years. An investment of Rs 1 lakh in this fund three years ago would have been Rs 2.48 lakh now.
Getty Images
This midcap scheme multiplied wealth by 2.41 times. If anyone invested Rs 1 lakh in this scheme three years ago, then the investment would have been 2.40 lakh with a CAGR of 34.02%.
iStock
5/7
Nippon India Small Cap Fund
Nippon India Small Cap Fund, the largest scheme in the smallcap category based on assets managed, multiplied investors’ wealth by 2.40 times. A lumpsum investment of Rs 1 lakh would have turned to Rs 2.40 lakh in three years.
Agencies
This smallcap fund multiplied investors’ wealth by 2.31 times in the last three years. A lumpsum investment of Rs 1 lakh would have now been Rs 2.31 lakh.
ETMarkets.com
7/7
Quant Flexi Cap Fund
This flexi cap fund multiplied investors’ wealth by 2.30 times in the last three years. If someone invested Rs 1 lakh in this scheme, then the current value of this investment would have been Rs 2.30 lakh.
