Equity mutual funds offer up to 52% return in 2024, Mirae Asset NYSE FANG+ETF FoF Fund rules return chart

economictimes.indiatimes.com:

mutual fund investments fared in 2024. Most investors would already know that most equity schemes offered good returns. Here is something that will make these investors happier. ETMutualFunds looked at the performance of equity mutual funds and found they have offered up to 52% in 2024. ETMutualFunds analysed the performance of 471 equity mutual fund schemes and looked at the year to date returns.

Mirae Asset NYSE FANG+ETF FoF, the topper in the list, offered 52.01% return in 2024. Motilal Oswal Midcap Fund gave 51.74% return in 2024, followed by Mirae Asset S&P 500 Top 50 ETF FoF which gave 50.29% return in the same period.

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LIC MF Infra Fund gave 46.22% return in the said period. The next two schemes in the list were from HDFC Mutual Fund. HDFC Defence Fund and HDFC Pharma and Healthcare Fund gave 45.26% and 45.01% returns respectively in the mentioned period.

Two schemes from Motilal Oswal Mutual Fund — Motilal Oswal Small Cap Fund and Motilal Oswal ELSS Tax Saver Fund gave 41.31% and 41.26% returns respectively in 2024. Two schemes from the healthcare sector — ITI Pharma & Healthcare Fund and SBI Healthcare Opp Fund — delivered 38.26% and 37.38% returns respectively in the said period.

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