Investment: These mutual funds left their index far behind, remained top in terms of returns

Top Equity Mutual Funds that beat their benchmark indices: The Indian stock market is constantly touching new heights. Despite all the challenges and geo-political tensions facing the global economy, our stock market has performed well year after year in recent years. Those investing in equity mutual funds have also benefited from this. Although the average return of small-cap shares and mutual funds investing in them is usually high, but the risk in them is also considered to be high. The good thing is that during the last few years, top mutual funds in all other categories including large and mid cap, flexicap, multicap and mid cap have also given excellent returns. Here we are giving details of some such top equity funds, which have performed much better than their benchmark index in the last 5 and 10 years.

Category : Flexi Cap

Benchmark Index : NIFTY 500 Total Return Index / BSE 500 Total Return Index

5-year average annual return of benchmark index: 20.82% / 21.02%

Mutual Fund Scheme Name : Quant Flexi Cap Fund

Scheme 5 Year Average Annual Return (Direct): 34.91%

Asset Under Management (AUM): Rs 7,178.59 crore

Mutual Fund Scheme Name : JM Flexicap Fund

Scheme’s 5-year average annual return (direct): 28.80%

Asset Under Management (AUM): Rs 3,529.35 crore

Mutual Fund Scheme Name : Parag Parikh Flexi Cap Fund

Scheme’s 5-year average annual return (direct): 26.37%

Asset Under Management (AUM): Rs 74,491.64 crore

Category : Multi Cap

Category Benchmark Index : Nifty 500 Multicap 50:25:25 Total Return Index

5-year average annual return of benchmark index: 24.03%

Mutual Fund Scheme : Quant Active Fund

5-year Average Annual Return (Direct): 32.94%

Asset Under Management (AUM): Rs 11,089.46 crore

Mutual Fund Scheme : Mahindra Manulife Multi Cap Fund

5 Year Average Annual Return (Direct): 28.69%

Asset Under Management (AUM): Rs 4,265.12 crore

Category : Mid Cap

Category Benchmark Index : NIFTY Midcap 150 Total Return Index

5-year average annual return of benchmark index: 29.21%

Mutual Fund Scheme Name : Quant Mid Cap Fund

5 Year Average Annual Return (Direct): 38.58%

Asset Under Management (AUM): Rs 9,104.35 crore

Mutual Fund Scheme Name: Motilal Oswal Midcap Fund

5-year Average Annual Return (Direct): 33.93%

Asset Under Management (AUM): Rs 13,465.59 crore

Category : Large & Mid Cap

Category Benchmark Index : NIFTY Large Midcap 250 Total Return Index

5-year average annual return of benchmark index: 23.80%

Mutual Fund Scheme Name : Quant Large and Mid Cap Fund

Scheme’s 5-year average annual return (direct): 30.41%

Asset Under Management (AUM): Rs 3,405.07 crore

(Source: AMFI, all figures updated as of July 12, 2024)

Also read: Share Market: Stock market is touching new heights every day, is it time for profit booking?

decide carefully

While choosing a mutual fund scheme for investment, usually the first thing that is considered is its past performance. But while making any investment decision, it is important to remember that the past performance of an equity mutual fund cannot be considered a guarantee of giving the same returns in the future. There is also market risk associated with investing in equity funds, so any decision should be made very thoughtfully and only after taking the advice of an investment advisor.