About seven equity mutual funds offer returns of 25% or more for both three-year and five-year periods. We looked at the performance of 193 equity mutual funds that completed five years in the market.
Four small-cap funds, two mid-cap funds and one multi-cap fund provided returns of more than 25% over the aforementioned period.
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HDFC Midcap Opportunity Fund, which is the largest midcap fund based on assets under management, provided returns of 25.96% and 28.85% in the last three and five years, respectively. HSBC Small Cap Fund offered returns of 25.50% and 30.24% over 3-year and 5-year periods respectively.
Motilal Oswal Midcap Fund offered returns of over 25% in both the periods. The next two schemes on the list were by Nippon India Mutual Fund. Japan India Multicap Fund and Japan India Smallcap Fund provided returns of over 25% in both periods.
The Quant Small Cap Fund achieved returns of 25.99% and 45.43% over three and five years, respectively. Tata Small Cap Fund has delivered returns of 25.06% and 32.54% in the last three and five years respectively. Please note that some schemes are not included in the list above as there were many schemes offering returns of 25% or more. . Returned within the last 3 or 5 years. We considered only those that provided returns of 25% or more in both periods. Axis ELSS Tax Saver Fund, the largest ELSS scheme based on assets under management, delivered 7.82% in the last three years and 14.43% in the last five years. Parag Parikh Flexi Cap Fund, the largest flexi cap fund, has offered 16.39% and 25.03% in the last three and five years respectively.
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SBI Blue Chip Fund, a prominent fund managed by the largest fund house, has returned 12.56% and 17.21% in the past three and five years, respectively. SBI Contra Fund, the largest and oldest contra fund, returned 24.16% and 30.29% after three and five years, respectively.
SBI Long Term Equity Fund, the oldest of the ELSS funds, has provided returns of 23.48% in the last three years and 25.34% in the last five years.
Please note that the above exercises are not recommended. It was done to find out which stock mutual funds gave returns of 25% or more over 3 and 5 year periods. Investment or redemption decisions should not be made based on the above exercise.
You should always consider your risk appetite, investment horizon, and goals before making any investment decisions.
(Disclaimer: Recommendations, suggestions, views and opinions by experts are their own. They do not represent the views of Economic Times)
