In an analysis of equity mutual funds, 18 funds have provided returns exceeding 60% over the past year. This analysis covered 263 equity mutual funds that have completed one year in the market.
Two standout performers from Quant Mutual Fund, the Quant Value Fund and the Quant Mid Cap Fund, delivered impressive returns of 79.28% and 78.46%, respectively.
The ITI Mid Cap Fund also performed notably well, offering a 72.65% return during this period. Similarly, the Mahindra Manulife Small Cap Fund generated a 70.41% return.
Other top performers include the Mahindra Manulife Mid Cap Fund, with a 64.87% return, and the Quant ELSS Tax Saver Fund, which provided a 62.80% return over the past year.
It’s important to note that none of the largest mutual fund schemes from any equity category were included in this list.
The 18 equity mutual funds that achieved these high returns comprised six mid cap funds, four small cap funds, three flexi cap funds, two value funds, and one each from the ELSS, focused, and large & mid cap categories.
Quant Mutual Fund had the most schemes on the list, with six funds achieving more than 60% returns in the last year. JM Mutual Fund had three schemes, IT Mutual Fund and Mahindra Manulife Mutual Fund each had two, and Bandhan Mutual Fund, Bank of India Mutual Fund, HSBC Mutual Fund, ICICI Prudential Mutual Fund, and Invesco Mutual Fund each had one.
The analysis included all equity categories such as large cap, mid cap, small cap, large & mid cap, flexi cap, focused funds, ELSS, multi cap, value, and contra funds, considering only regular and growth options.
This analysis is not an investment recommendation. It simply identifies equity mutual funds that delivered over 60% returns in the last year. Investment decisions should not be based solely on one year’s performance. Equity mutual funds are typically long-term investments, and investors should consider their risk appetite, investment horizon, and financial goals before making any investment decisions.
