Mutual Funds Highest Return in 2024 : This year, Equity Sectoral Pharma funds have been at the forefront in giving returns. If we look at the 1-year return chart, the sectoral pharma index has strengthened by 42 percent, which is more than any other category of equity. Sectoral Pharma Index has proved to be the topper in the year 2024 as compared to Midcap Fund, Small Cap Fund, Largecap Fund, ELSS, Multicap Fund, Flexi Cap or other sectoral indices. Talking about the equity mutual fund schemes giving the highest returns in 1 year, more than 11 schemes of this category are included in the top 30, which have given returns at the rate of 44 to 54 percent. We have given information about the returns of top 10 sectoral pharma funds here.
Triple Return: LIC MF’s midcap scheme triples the money in 5 years, 28% annualized return on SIP
1. HDFC Pharma And Healthcare Fund
Lump sum return in 1 year: 53.85%
SIP return in 1 year: 48.68%
Total AUM: Rs 1460 crore (November 30, 2024)
Expense ratio: 0.94% (November 30, 2024)
HDFC Pharma and Healthcare Fund was launched in October 2023. That means it has recently completed 1 year. Its lump sum returns since launch
Is 52.58 percent.
2. ICICI Prudential Pharma Healthcare and Diagnostics Fund
Lump sum return in 1 year: 50.42%
SIP return in 1 year: 40.85%
Total AUM: Rs 5045 crore (November 30, 2024)
Expense ratio: 1.09% (November 30, 2024)
ICICI Pru Pharma Healthcare Fund Diagnostic Fund was launched on July 13, 2018. Its lump sum return since launch has been 24.77 percent per annum. Whereas in these 6 years, SIP return has been 29.82 percent per annum.
Double Return: 5 schemes of SBI Mutual Fund to double the money in 3 years, 28 to 39% annual return in SIP
3. LIC MF Healthcare Fund
Lump sum return in 1 year: 48.61%
SIP return in 1 year: 40%
Total AUM: Rs 84 crore (November 30, 2024)
Expense ratio: 1.21% (November 30, 2024)
LIC Mutual Fund Healthcare Fund was launched on 28 February 2019. Its lump sum return since launch has been 22.42 percent annually. Whereas in these 5 years the SIP return has been 23.65 percent per annum.
4. ITI Pharma and Healthcare Fund
Lump sum return in 1 year: 47.69%
SIP return in 1 year: 40.59%
Total AUM: Rs 218 crore (November 30, 2024)
Expense ratio: 0.47% (November 30, 2024)
ITI Pharma and Healthcare Fund was launched on 8 November 2021. Its lump sum return since launch has been 21.11 percent annually. Whereas in these 3 years the SIP return has been 34.63 percent per annum.
Return King: This fund became the return king of 5 years, 1 lakh became 4.5 lakh, money increased at the rate of 44% annually on SIP
5. Motilal Oswal BSE Healthcare ETF
Lump sum return in 1 year: 47%
SIP return in 1 year: 37.5%
Total AUM: Rs 32 crore (November 30, 2024)
Expense ratio: 0.22% (November 30, 2024)
Motilal Oswal BSE Healthcare ETF was launched on 29 July 2022. Its lump sum return since launch has been 31.29 percent annually. If we look at the figures of 2 years, the SIP return has been 43.54 percent annually.
6. UTI Healthcare Fund
Lump sum return in 1 year: 46.78%
SIP return in 1 year: 40.46%
Total AUM: Rs 1203 crore (November 30, 2024)
Expense ratio: 1.25% (November 30, 2024)
UTI Healthcare Fund was launched on 1 January 2013. Its lump sum return since launch has been 17.26 percent annually. If we look at the figures for 11 years, the SIP return has been 18.43 percent annually.
NPS Active Choice: Active Choice in NPS will give more benefits, it will be easy to arrange pension of Rs 1 lakh
7. SBI Healthcare Opportunities Fund
Lump sum return in 1 year: 45.57%
SIP return in 1 year: 37.78%
Total AUM: Rs 3460 crore (November 30, 2024)
Expense ratio: 0.89% (November 30, 2024)
SBI Healthcare Opportunities Fund was launched on 1 January 2013. Its lump sum return since launch has been 19 percent annually. If we look at the figures for 11 years, the SIP return has been 19.14 percent annually.
8. Tata India Pharma & Healthcare Fund
Lump sum return in 1 year: 44.44%
SIP return in 1 year: 34.62%
Total AUM: Rs 1214 crore (November 30, 2024)
Expense ratio: 0.69% (November 30, 2024)
Tata India Pharma and Healthcare Fund was launched on 28 December 2015. That means it is on the verge of completing its 9 years. Since its launch, its lump sum return has been 15.15 percent annually. If we look at the figures of 9 years, the SIP return has been 21.97 percent annually.
Power of SIP: Despite weak rating, this scheme increased the money by 284 times, a corpus of Rs 2 crore created from SIP of Rs 1,000
9. DSP Healthcare Fund
Lump sum return in 1 year: 44.41%
SIP return in 1 year: 38%
Total AUM: Rs 3249 crore (November 30, 2024)
Expense ratio: 0.59% (November 30, 2024)
DSP Healthcare Fund was launched on 30 November 2018. That means it has completed its 6 years. Since its launch, its lump sum return has been 28 percent annually. If we look at the figures of 6 years, the SIP return has been 29.74 percent annually.
10. ABSL Nifty Healthcare ETF
Lump sum return in 1 year: 43.40%
SIP return in 1 year: 31.7%
Total AUM: Rs 42 crore (November 30, 2024)
Expense ratio: 0.22% (November 30, 2024)
Aditya Birla Sun Life Healthcare ETF was launched on 20 October 2021. That means it has completed its 3 years. Its lump sum return since launch has been 18.46 percent annually. If we look at the figures of 3 years, the SIP return has been 31.22 percent per annum.
(Fund Source: Value Research)
(Note: There is no guarantee whether the past returns in any equity fund will continue or not. It may or may not continue in the future. There is risk in the market, so seek expert advice before investing.)
