Updated Aug 25, 2024 15:35 IST
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Mutual Fund Returns: Small cap stars! Rs 10,000 monthly SIP to Rs 20 lakh – 3 schemes
Mutual Fund Returns: For investors who lack the knowledge or skill / experience of investing in stock markets directly, or want to grow their wealth, but do not have the inclination or time to research the stock market, mutual funds are an ideal choice as they are managed by professionals.
Not just this, but mutual funds offer multiple choices for investment across equity shares, corporate bonds, government securities, and money market instruments, providing an excellent avenue for retail investors to participate and benefit from the uptrends in capital markets.
Mutual Fund Returns
One of the key metrics that investors look at before putting their money in MF schemes is returns – how much return a particular scheme has delivered in the past. ET NOW Digital has identified 3 small cap mutual fund schemes that delivered good returns in the last 5 years.
As of August 23, 2024, data available on AMFI, the 3 small cap mutual fund schemes delivered 39 to 50 per cent returns, turning a Rs 10,000 monthly SIP into a corpus of Rs 20 lakh. These are – Quant Small Cap Fund, Bank of India Small Cap Fund, and Nippon India Small Cap Fund.
Nippon India Small Cap Fund – The regular plan of the mutual fund scheme turned a Rs 10,000 monthly SIP into a corpus of Rs 16.7 lakh in 5 years, delivering 42.51 per cent annualised returns.
Bank of India Small Cap Fund – The regular plan of the mutual fund scheme turned a Rs 10,000 monthly SIP into a corpus of Rs 16.3 lakh in 5 years, delivering 41.46 per cent annualised returns.
Quant Small Cap Fund – The regular plan of the mutual fund scheme turned a Rs 10,000 monthly SIP into a corpus of Rs 20.5 lakh in 5 years, delivering 51.64 per cent annualised returns.
(Disclaimer: All mutual fund investments are subject to market risks; ET NOW advises all its readers, viewers, audience to go through all scheme related documents carefully and consult duly registered financial advisors before taking any money and investment related decision.)