The top equity growth mutual funds with the best returns in the last 3 years

Advertisement
BI India BureauJun 9, 2020, 14:31 IST
The top equity growth mutual funds with the best returns in the last 3 years

The top equity growth mutual funds with the best returns in the last 3 yearsPixabay

  • Investors may select funds on the basis of returns, exit load, fund age, minimum investment and more.
  • Business Insider collated the best performing mutual funds in the last three years. This includes equity funds across large cap, mid cap, and multi cap schemes as well as sector-specific funds.
  • For the investors looking for the funds generating best returns, here are the equity mutual funds to get best returns.
Mutual funds are investment plans, managed by an asset management company where people invest in various stocks or shares of a company and other bonds and schemes. Investors may select funds on the basis of returns, exit load, fund age, minimum investment and more.

Business Insider collated the best performing mutual funds in the last three years. This includes equity funds across large cap, mid cap, and multi cap schemes as well as sector-specific funds. Category returns is a benchmark for a range of returns given by similar schemes.

For the investors looking for the funds generating best returns, here are the equity mutual funds to get best returns.
Advertisement

Tata Digital India Fund Direct-Growth

Tata Digital India Fund Direct-Growth
BI India

Minimum SIP (Systematic Investment Plan) Investment: ₹150

Top holdings: Infosys, Tata Consultancy Services, Wipro, HCL Technologies and Mindtree

Managed by Tata Mutual Fund, the fund has 87.5% investment in Indian stocks. The fund manages ₹343.3 crore. For investors, there is high risk involved and they should be ready for moderate to high losses in this investment.

Nippon India Pharma Fund Direct - Growth

Nippon India Pharma Fund Direct - Growth
BI India

Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Dr Reddy's Laboratories, Sun Pharma, Cipla and Aurobindo Pharma


Managed by Nippon India Mutual Fund, the equity fund has over 96% investment in Indian stocks. The fund manages ₹2850.6 crore. For investors, there is high risk involved and they should be ready for moderate to high losses in this investment.


Advertisement

​​​ICICI Prudential Bluechip Fund Direct - Growth

​​​ICICI Prudential Bluechip Fund Direct - Growth
BI India

Minimum SIP (Systematic Investment Plan) Investment: ₹100

Top Holdings: HDFC Bank, Reliance Industries, ICICI Bank, Axis Bank, Housing Development Finance Corporation


This is a large cap fund by ICICI Prudential Mutual Fund House that manages assets worth ₹21820.9 crore. The equity fund has nearly 80% investment in large cap stocks. From an investment point of view, it is suitable for an investment of nearly 4 years for best returns. The investors should be ready for moderate losses.


​SBI Technology Opportunities Fund Direct - Growth

​SBI Technology Opportunities Fund Direct - Growth
BI India


Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: Tata Consultancy Services(TCS), Bharti Airtel, Alphabet, HCL Technologies and Tech Mahindra


This fund from the SBI Mutual Fund house is specific to the technology sector equity funds and involves a high risk. The fund house manages nearly ₹157.1 crore. SBI Technology Opportunities Fund Direct has 84.7% investment in Indian stocks.

Advertisement

​Aditya Birla Sunlife Digital India Fund Direct - Growth

​Aditya Birla Sunlife Digital India Fund Direct - Growth
BI India


Minimum SIP (Systematic Investment Plan) Investment: ₹1,000

Top Holdings: Infosys, HCL Technologies, Tech Mahindra and Honeywell


This fund is managed by Aditya Birla Sunlife Mutual Fund house that has a fund size worth ₹381.16 crore and has 82.1% investment in Indian shares. There is a possibility of moderate to high losses in this investment.


​L&T India Large Cap Fund Direct - Growth

​L&T India Large Cap Fund Direct - Growth
BI India


Minimum SIP (Systematic Investment Plan) Investment: ₹500

Top Holdings: HDFC Bank, Reliance Industries, ICICI Bank and Bharti Airtel


This is a large cap equity fund managed by L&T Mutual Fund house. The fund has over 98% investment in Indian stocks — including 77% in large cap segment. Investors willing to invest for a period of 3-4 years for a high return can invest in this large cap fund. However, there are chances of moderate losses in this investment.


Advertisement
Next StoryMeet the 11 US billionaires whose fortunes have g...
Advertisement
Popular on BI
Latest Stories
View All Latest
Trending News
Buying Guides
Advertisement
Popular Categories
Trending Right Now

Copyright © 2024. Times Internet Limited. All rights reserved.For reprint rights. Times Syndication Service.