These 21 schemes were from mid cap, small cap, multi cap, ELSS, large & mid cap, and flexi cap categories. Around eight mid cap schemes offered more than 20% in the 10-year horizon. Seven small cap, three large & mid cap, one ELSS, flexi cap, and multi cap schemes also offered more than 20% in 10-year horizon.
We considered all equity schemes like large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, flexi cap,focused fund, contra and value. We considered regular and growth options.
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Toppers in the list were from small cap categories. Nippon India Small Cap Fund, the topper in the category, gave more than 20% in the 10-year horizon. The scheme is the largest scheme in the small cap category. SBI Small Cap Fund gave 26.11%, followed by DSP Small Cap Fund which gave 24.41%.
Only one ELSS scheme, Quant Tax Plan, offered 23.46% in the 10-year period. Mirae Asset Emerging Bluechip Fund, the largest scheme in the large & mid cap category based on assets managed, gave 23.16% during the same time period.
Kotak Emerging Equity Fund, the second largest scheme in the mid cap category, gave 22.73%. HSBC Midcap Fund gave 20.20% in the 10-year horizon.
Four schemes from Quant Mutual Fund offered more than 20% in the 10-year horizon. Two schemes from SBI Mutual Fund, Kotak Mutual Fund, and HDFC Mutual Fund offered over 20% during the same time period.
Note, the above exercise is not a recommendation. The main purpose of the exercise was to find out equity schemes that have offered more than 20% in the 10-year horizon. One should not make investment or redemption decisions based on the above exercise.
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