Top 6 Indian Equity Funds Beat 25% Returns in 3 Years
By Market Desk
Discover the six Indian equity mutual funds that have delivered exceptional returns exceeding 25% over the past three years, spanning small-cap, mid-cap, and sector funds.
The Indian equity market continues to exhibit robust performance, with six equity mutual funds delivering over 25% returns across various categories in the past three years. These funds span small-cap, mid-cap, infrastructure, and healthcare segments, presenting diverse investment avenues.
Leading Small-Cap Funds Outperform
Small-cap funds demonstrated significant outperformance, with two schemes topping the list for impressive three-year gains. These funds offer distinct profiles in terms of asset size and operational costs.
- ITI Small Cap Fund: Delivered 27.04% return over three years, holding an AUM of Rs 3,454 crore, a 4-star rating, and an expense ratio of 0.86%.
- Bandhan Small Cap Fund: Achieved a 26.47% return, managing a substantial AUM of Rs 31,103 crore, a 5-star rating, and a lower expense ratio of 0.60%.
Mid-Cap Segment Shows Strong Growth
The mid-cap category also showcased strong returns, with two prominent funds recording over 25% growth over the three-year period. These funds are notable for their considerable Assets Under Management.
- HSBC Midcap Fund: Recorded a 26.32% return with an AUM of Rs 15,578 crore, a 4-star rating, and an expense ratio of 1.19%.
- Invesco India Mid Cap Fund: Returned 25.69% over three years, with an AUM of Rs 14,721 crore, a 4-star rating, and an expense ratio of 0.76%.
Sector-Specific Funds Deliver Solid Returns
Specialized funds focusing on infrastructure and healthcare sectors also posted strong performances, highlighting the potential within focused investment strategies. Both funds maintained commendable star ratings from MF Screener.
- LIC MF Infrastructure Fund: Provided a 25.42% return, managing an AUM of Rs 1,144 crore, a 4-star rating, and an expense ratio of 1.34%.
- UTI Healthcare Fund: Delivered a 25.04% return, with an AUM of Rs 1,370 crore, a 5-star rating, and an expense ratio of 1.27%.
These consistent performances underscore the potential for significant investor gains within the Indian equity market, particularly for those considering a three-year investment horizon across diverse fund categories.