The Union Focused Fund has returned 9.94% over the past three months, followed by the Kotak Flexicap Fund which has returned 9.86% over the same period. The Union Largecap Fund has returned 9.42% over the same period.
The Baroda BNP Paribas Focused Fund returned 9.22% in the same period. The next two schemes on the list were Samco Flexi Cap Fund and Quant Flexi Cap Fund which yielded returns of 9.02% and 8.71% respectively.
Read also | SIP vs Lump Sum Investment: Which is the best strategy in this market?
Two other schemes of Quant Mutual Fund – Quant Large Cap Fund and Quant Focused Fund – gave returns of 8.51 per cent and 8.07 per cent respectively in the last three months. SBI Focused Equity Funda focused fund, offered a return of 7.37% over the same time period.
The next three schemes on the list were from Quant Mutual Fund. Quant Large & Mid Cap Fund, Quant ELSS Tax Saver Fund and Quantitative Mid-Cap Fund offered returns of 7.19%, 6.65% and 5.45% respectively in the last three months.
In the last three months, equity schemes have returned as much as 29.17%. Bandhan Small Cap Fund returned the highest, followed by UTI Small Cap Fund, which returned 24.89%.
The Nippon India Small Cap Fund, the largest small-cap fund in terms of assets under management, returned 18.42 per cent in the past three months. The Kotak Emerging Equity Fund, the second-largest mid-cap fund, returned 16.95 per cent.
Read also | Best Tax Saving Mutual Funds or ELSS to invest in September 2024
Franklin India Smaller Cos Fund delivered a return of 15.37 per cent in the same period. HDFC Mid-Cap Opportunities Fund, the largest mid-cap fund in terms of assets under management, delivered a return of 14.98 per cent in the same period. Kotak ELSS Tax Saver Fund delivered the lowest double-digit return of 10.09 per cent in the same period.
We consider all categories of equity mutual funds. We consider regular and growth options. We calculate the performance of the last three months.
Please note that the above exercise does not constitute a recommendation. The objective of the exercise was to find equity mutual funds that generated single-digit returns over the past three months.
Investment or redemption decisions should not be made based on the previous exercise. Risk appetite, investment horizon and objective should always be taken into account before making an investment decision.
Disclaimer
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.