Most mutual fund investors are always scouting for equity mutual fund schemes that can offer good returns for a sustained period of time so that the investors can achieve their financial goals over a period of time. Equity mutual fund investment helps investors generate more returns as compared to fixed income options and are also less risky compared to directly investing in stocks.
Here are a few mutual fund schemes that have offered more than 25 percent returns every year in the last five years:
SBI Small Cap Fund, launched in September 2009, has given an annualised returns of around 31 percent over a five-year period ending 30th November 2018. The scheme has total net assets of around Rs. 1,141 crore, according to Value Research, a mutual fund analytics firm. Its top holdings include two consumer durable players – Blue Star and Hawkins Cookers followed by Simran Wind Project.
Reliance Small Cap fund and Mirae Asset Emerging Bluechip Fund also gave more than 28 percent of annualised returns during the same period. Both the funds were launched almost eight years ago in 2010.
Reliance Small Cap fund with net assets of Rs 6,910 crore has West Coast Paper Mills, VIP Industries and Deepak Nitrite as its top holdings while Mirae Emerging Bluechip has most of its money on India’s top private banks – ICICI Bank, HDFC Bank and Kotak Mahindra bank along with Reliance Industries. The fund has net assets of Rs 5,780 crore.
Another fund with top bets on ICICI Bank and HDFC Bank is Canara Robeco Emerging Equities. The fund has given an annualised returns of over 27 percent in last five years. The fund was launched in 2005 and has total net assets of Rs 3,718 crores.
Other funds which have given annualised returns of more than 25 percent include DSP Small Cap Fund and L&T Mid Cap Fund. Top holdings for DSP Small Cap Fund include Atul Ltd, SRF and IPCA Laboratories while L&T Mid Cap Fund is bullish on Berger Paints India, RBL Bank and Exide Industries.
First Published: IST