Equity mutual funds deliver up to 240% return in Modi government's second term
mutual fund categories have delivered up to 240% absolute return in the last five years of the Modi government's second term, an analysis of category performance by ETMutualFunds showed. There were around 14 equity and equity-oriented categories in the market in the said period.
Small cap funds stood first in the performance chart and gave an absolute return of 243.94% in the last five years of Modi’s second term as PM. Around 19 small cap schemes were in the market in the said period. Quant Small Cap Fund gave the highest absolute return of 463.36% in the last five years.
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110613087»>
Nippon India Small Cap Fund, the largest small cap fund based on the assets managed, gave an absolute return of 304.07% in the same period. Aditya Birla Sun Life Small Cap Fund gave the lowest absolute return of 135.63% in the last five years.
Also Read | Mutual fund investors earn up to 960% returns in 10 years of Modi government
Mid cap funds gave an absolute return of 200.92% in the last five years of the Modi government’s second term. There were around 22 mid cap schemes in the said period. Quant Mid Cap Fund gave the highest absolute return of around 345.79% in the last five years. Motilal Oswal Midcap Fund delivered an absolute return of around 244.11% in the same period.
HDFC Mid-Cap Opportunities Fund, the largest mid cap fund based on assets managed, offered an absolute return of 218.08% in the last five years. DSP Midcap Fund
