Seven equity mutual funds have offered over 15% in three, five, seven, and 10 year horizons, an analysis of daily rolling returns showed. ETMutualFunds looked at the daily rolling returns of around 146 equity schemes that have completed 10 years in the market.
Nippon India Small Cap Fund, the largest scheme in the small cap category based on assets managed, offered more than 15% in three, five, seven, and 10 year horizons. Parag Parikh Flexi Cap Fund, the largest scheme in the flexi cap category based on assets managed, gave over 15% in all four horizons.
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SBI Small Cap Fund gave over 15% in all four horizons considered for analysis.
Nippon India Small Cap Fund offered the highest return in the three year and 10 year horizons. SBI Small Cap Fund offered the highest return in the five and seven year horizons.
These seven schemes were from small cap, mid cap, large & mid cap, and flexi cap categories. Around four small cap schemes offered over 15% in three,five,seven, and 10 year horizons. One mid cap, large & mid cap, and flexi cap fund featured on the list.
We considered all equity categories such as large cap, mid cap, large & mid cap, flexi cap, focused fund, ELSS, value and contra funds. We considered regular and growth options.
The daily rolling returns for three years were calculated for the period from February 2021 to February 2024. The daily rolling returns for five years were calculated for the period from February 2019 to February 2024. The daily rolling returns for seven years were calculated for the period from February 2017 to February 2024. The daily rolling returns for 10 years were calculated for the period from February 2014 to February 2024.
Note, the above exercise is not a recommendation. The exercise was done to find out equity schemes that offered over 15% in three,five,seven, and 10 year horizons.
One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goal before making any investment decision.
If you are looking for recommendation, see:
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