22 Equity Mutual Funds gave Returns Exceeding 30% in 2024
In the year 2024, it is being noticed as per the revealed performance analysis that mainly 22 equity mutual funds are offering returns of more than 30%. In the market this time there are a total of 263 equity funds, among which only 22 equity funds are offering greater returns. Below we have listed the names of these 22 equity mutual funds and their return percentages.
This year, Motilal Oswal Midcap Fund is generally considered the best equity mutual fund with a return percentage of 44.34% and has achieved the top rank in the Mutual Funds Returns Chart 2024. Bandhan Small Cap Fund has achieved the second rank with a return percentage of 42.69%. At the same time, Motilal Oswal ELSS Tax Saver Fund has achieved 3rd rank on the chart with a return rate of 39.46%.
Similarly, Invesco India Focused Fund this year offered a return rate of 38.53%. Motilal Oswal Large and Midcap Fund at the same time interest rate of 36.93% and Tata Small Cap Fund with 36.63% return rate.
Motilal Oswal Small Cap Fund and Motilal Oswal Flexi Cap Fund are the two schemes part of Motilal Oswal Mutual Fund this year that gave a return rate of 35.78% and 35.56%, respectively. In the same period, LIC Mutual Fund is offering a return rate of 34.91%.
The next three schemes in the return chart are from the Midcap Fund. M Midcap Fund, Invesco India Midcap Fund, and Edelweiss Mid Cap Fund this year gave returns of 34.84%, 34.50%, and 34.20%, respectively.
In the return chart, two schemes are from Invesco Mutual Fund, i.e., Invesco India Large & Mid Cap Fund and Invesco India Small Cap Fund, providing return rates of 31.19% and 30.99%, respectively.
Similarly, from the same period, two schemes are from the smallcap category, i.e., Mahindra Manulife Small Cap Fund and ITI Small Cap Fund, offering return rates of 30.93% and 30.76%, respectively.
In the Equity Mutual Funds rank chart, Invesco India Contra Fund is ranked 22nd, providing a return rate of 30.01%.
List of Top 22 Equity Mutual Funds in 2024 Offering Return Rates More Than 30%
- Motilal Oswal Midcap Fund: 44.34%
- Bandhan Small Cap Fund: 42.69%
- Motilal Oswal ELSS Tax Saver Fund: 39.46%
- Invesco India Focused Fund: 38.53%
- Motilal Oswal Large and Midcap Fund: 36.93%
- Tata Small Cap Fund: 36.63%
- Motilal Oswal Small Cap Fund: 35.78%
- Motilal Oswal Flexi Cap Fund: 35.56%
- LIC MF Small Cap Fund: 34.91%
- JM Midcap Fund: 34.84%
- Invesco India Midcap Fund: 34.50%
- Edelweiss Mid Cap Fund: 34.20%
- JM Flexicap Fund: 33.43%
- HSBC Midcap Fund: 32.35%
- Invesco India Large and Mid Cap Fund: 31.19%
- Invesco India Smallcap Fund: 30.99%
- JM ELSS Tax Saver Fund: 30.98%
- Mahindra Manulife Small Cap Fund: 30.93%
- ITI Small Cap Fund: 30.76%
- HSBC Large and Mid Cap Fund: 30.47%
- Bank of India Small Cap Fund: 30.09%
- Invesco India Contra Fund: 30.01%
Now if we talk about other mutual equity funds, which are now included in this list of top 22 Equity Mutual Funds in 2024 yielding the best returns but are generally considered as top funds to invest in. Kotak Emerging Equity Fund is the second largest midcap fund; this year it offered a return rate of 29.83%. SBI Long Term Equity Fund is the oldest ELSS fund and also one of the best funds to invest in; this year it offered a return rate of 29.41%. Similarly, the largest small-cap fund, the Nippon India Small Cap Fund, in the same period provided a return rate of 27.31%.
All the categories of equity mutual funds, such as largecap, midcap, smallcap, large & midcap, flexicap, focused fund, ELSS, multicap, value and contra funds, are being ranked as per their performance from January 1 to November 5, 2024.
