NFO scorecard: 12 equity mutual funds offer over 20% in 2024
equity mutual funds have offered over 20% return in 2024. Around 71 new funds were launched in the said period.
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Note, we considered only pure equity schemes for analysis including sectoral and thematic funds.
WOC Pharma and Healthcare Fund, the topper among all new funds launched, delivered 37.22% since its inception. The scheme was launched on February 6. The next three schemes in the list were from Motilal Oswal Mutual Fund.
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Motilal Oswal Multi Cap Fund, Motilal Oswal Large Cap Fund, and Motilal Oswal Business Cycle Fund offered 36.78%, 31.33%, and 29.47% returns respectively since their respective inception. Motilal Oswal Multi Cap Fund was launched on June 18 whereas Motilal Oswal Large Cap Fund was launched on February 6. Motilal Oswal Business Cycle Fund was launched on August 27.
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