The Indian mutual fund industry is showing impressive rise, growing at a staggering rate due to which it got tripled in size over the last five years.
Past year, several funds have managed to deliver remarkable returns of over 70%.
Top 5 Mutual Funds with Over 70% Annual Returns in 1 Year
Invesco India Focused Fund
- Return: 74.16%
- NAV: ₹29.40
- Minimum Investment: ₹1,000
- Launched: 2020
- Fund Size: ₹3,080 crore
- Expense Ratio: 1.92%
- Investment Growth: ₹1 lakh to ₹1,74,158
Motilal Oswal Midcap Fund
- Return: 72.97%
- NAV: ₹108.02
- Minimum Investment: ₹500
- Launched: 2014
- Fund Size: ₹15,940 crore
- Expense Ratio: 1.65%
- Investment Growth: ₹1 lakh to ₹1,72,975
LIC MF Infrastructure Fund
- Return: 72.22%
- NAV: ₹51.17
- Minimum Investment: ₹5,000
- Launched: 2008
- Fund Size: ₹725 crore
- Expense Ratio: 2.40%
- Investment Growth: ₹1 lakh to ₹1,72,217
Motilal Oswal ELSS Tax Saver Fund
- Return: 71.46%
- NAV: ₹55.95
- Minimum Investment: ₹500
- Launched: 2015
- Fund Size: ₹3,984 crore
- Expense Ratio: 1.83%
- Investment Growth: ₹1 lakh to ₹1,65,087
ICICI Prudential Nifty Next 50 Index Fund
- Return: 69.24%
- NAV: ₹67.48
- Minimum Investment: ₹100
- Launched: 2010
- Fund Size: ₹6,863 crore
- Expense Ratio: 0.66%
- Investment Growth: ₹1 lakh to ₹1,57,489
(Data source: Value Research)
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Investors should keep in mind that the returns highlighted are reflective of historical performance and are not indicative of future outcomes. It is advisable and essential to carry out your own comprehensive research and seek advice from a qualified financial advisor before proceeding with any investment decisions.
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