Mutual Funds: Top-performing large, mid and small-cap funds in last 10 years
new fund offers (NFOs) every month and the old ones plying in the market to create wealth, many old and new investors are eager to know which of them can help them create wealth. Of course, there are some of the best-performing mutual funds that have earned returns to investors beyond anticipation.
Though past returns are not and should not be deemed as the benchmark for future returns, they say a lot about fund performance and why mutual funds offering high returns at low expense ratios are always preferred over their peers. Mutual fund investors prefer to categorise their investments under different market capitalisations, starting with large-cap funds and then moving on to mid-cap funds and finally trickling down to small-cap funds, value funds, focused funds, and so on.
The reasons may be myriad, though the most common reason is that large-cap funds promise good returns and are comparatively less volatile. The following illustration highlights some of the large-cap funds that have helped investors not only beat inflation but also create wealth in the long run.Large-cap funds10-year returns (in %)17.9417.7716.52ICICI Prudential Bluechip Fund16.05Baroda BNP Paribas Large Cap Fund15.90Kotak Bluechip Fund15.80HDFC Top 100 Fund15.71 A little bit of risk is what it takes to earn more returns, thus, helping most investors reach their financial goals in time.
While many investors putting money in mutual funds have a long-term investment horizon spanning over two decades or more, considerably higher returns have helped many of them earn money considerably faster than planned. The following table shows how some mid-cap funds have delivered high returns over the past 10 years and continue to perform well with equal gusto.Mid-ca
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