Top Equity Mutual Funds That Delivered 20% CAGR in 3 and 5 Years
An equity mutual fund is an investment type that collects money from various investors to buy stocks and shares in publicly traded companies. There are approx. 40 equity mutual funds that have delivered over 20% CAGR in the last three and five years. There are 197 equity mutual funds that have been active in the market for the past five years.
Of the top equity mutual funds, the maximum number of schemes were from HDFC mutual funds, there are 6 schemes that have delivered up to 20% CAGR during the period. Nippon India Mutual Fund had four schemes, while four other fund houses each had three schemes. In the past three and five years, the Bandhan Core Equity Fund gave 22.26% and 23.35% CAGR.
DSP Small Cap Fund and Bank of India Small Cap Fund delivered up to 20% CAGR during the same time.
Both Franklin India Prima Fund and Franklin India Smaller Cos Fund have offered up to 20% CASGR for the last three and five years.
Kotak Emerging Equity Fund delivered up to 20% CAGR during the same time. Motilal Oswal Midcap Fund gave a CAGR of 33.16% and 33.09% in the past three and five years. Nippon India Small Cap Fund, which is known as the largest small cap fund based on the assets managed, gave up to 20% CAGR in the past five years.
HDFC Mid-Cap Opportunities Fund, which is the largest midcap fund based on the assets managed, delivered up to 20% CAGR during the same period. HDFC Large and Mid Cap Fund gave 20.29% and 23.43% CAGR in the past three and five years. ICICI Pru Value Discovery Fund delivered 21.16% and 25.46% CAGR in the past three and five years, respectively.
Quant Large & Mid Cap Fund, Quant Mid Cap Fund, and Quant Small Cap Fund show a CAGR of 20% CAGR in the said time.
SBI Contra Fund, which is the oldest and largest contra fund, delivered 21.93% and 29.23% CAGR in the past three and five years. SBI Long Term Equity Fund, which is the oldest ELSS fund, delivered 23.25% and 24.27% CAGR in the last three and five years.
From these schemes, the Motilal Oswal Midcap Fund has delivered the highest return of approx. 33.16%. In the past five years, Quant Small Cap Fund offered the highest return of around 45.40% among the listed funds.
Before making any investment decisions, it’s essential to consider your risk tolerance, investment timeline, and financial goals.
