Five Equity Mutual Funds Deliver Over 15% Returns in Just Three Months
In the past three months, some five equity mutual funds have given returns of more than 15%. This has caught attention, especially since four of them are managed by a high-profile asset management company. And these fall into four different categories, showing the variety of those funds, which in such a short time have been able to bring in such high returns.
Fund Categories
Funds that have breached 15% return: Two small and mid-cap funds, one multi-cap fund, one flexi-cap fund, and one large & mid-cap have crossed the 15% return mark. All these strategies are different, yet each category has been seen delivering great returns during this period.
1. Motilal Oswal Multi Cap Fund
The Motilal Oswal Multi Cap Fund is an open-ended multi-cap scheme with the idea of investing in large-cap, mid-cap, and small-cap stocks. This multi-cap mutual fund made the highest return, out of the five mutual funds analyzed. It went on to fetch 21.59% in three months, because of diversified investments and market exposure.
2. Bandhan Small Cap Fund
On the small-cap side, it was the Bandhan Small Cap Fund that was one of the highlight performers with 19.14% return. Small-cap funds are generally considered investment options if investors are looking for better returns as the funds often focus more on the smaller, growth-oriented companies; this fund’s performance is the result of the accruable gains of the companies in the sector during the last quarter.
3. Motilal Oswal Large & Mid Cap Fund
Motilal Oswal Large & Mid Cap Fund: This large and mid-cap fund invests in large and mid-cap companies. It returned 15.60% with the help of the strategy of investing in large, stable companies along with the growth potential of mid-sized companies.
4. Motilal Oswal Flexi Cap Fund
Another top performer is Motilal Oswal Flexi Cap Fund, which returned 15.35 per cent over the same period. Flexi-cap funds give the option to invest in any percentage of different market capitalizations and provide the fund manager with the freedom to adapt to changing market conditions that might have contributed to its success.
5. Motilal Oswal Small Cap Fund
The Motilal Oswal Small Cap Fund has also witnessed returns that are quite high, having an even return of 15.21%. Small-cap funds, though a riskier proposition compared to the large-cap or flexi-cap funds, have also recorded substantial gains, especially with a general rally in the broader market for quite a few months.
The five equity funds have delivered tremendous returns over a period of three months with a return over 15%. These funds appeal to investors who may be seeking significant growth, as they allow small-cap as well as multi-cap funds. The variety in the categories of funds that have delivered such results further illustrates the potential many different strategies hold in delivering good returns in a very short time.
