11 equity schemes offered more than 15% on lumpsum investment in first half of 2023

economictimes.indiatimes.com:

HDFC Small Cap Fund delivered the highest return of around 17.53% in the first six months of 2023, followed by Mahindra Manulife Small Cap Fund which offered 17.51%. Small cap schemes topped the list. Around six small cap schemes offered 15-17% returns. The other schemes that offered more than 15% return on lumpsum investment in the first six months of 2023 include three mid cap schemes, one large & mid cap, and one flexi cap fund. No large cap scheme managed to offer more than 15% during the January to June period.

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If an investor invested Rs 1 lakh on January 1, 2023, the current value would have been between Rs 1.15 lakh and Rs 1.17 lakh as on June 30, 2023. Despite offering double-digit returns, some schemes do not feature in this list as we only considered the schemes that have offered more than 15% in the first six months of 2023. For the analysis, we considered all equity categories like large cap, mid cap, large & mid cap, small cap, ELSS, flexi cap, multi cap, focused fund, value & contra fund categories. We considered the regular and growth option. The returns were calculated for the period starting from January 1, 2023 to June 30, 2023. All the above schemes are from different equity categories and have different risks associated with them. For example, small cap schemes invest in very small companies or their stocks and are extremely risky. They have the potential to offer very high returns over a long period. Small cap schemes are recommended only to aggressive investors with a high-risk appetite and long investment horizon. Flexi cap schemes are typically recommended to moderate investors with an