The best mutual funds: In addition to absolute returns, investors should consider the scheme's rolling returns, fund house reputation, category, and other macroeconomic aspects.
It's normal to assess a mutual fund's historical performance and compare it to that of its peers in the same category before making an investment. The growth potential of a mutual fund scheme can be inferred from historical returns, but they do not guarantee future returns.Investors are advised to evaluate additional important criteria in addition to the absolute returns, such as the scheme's rolling returns, the fund house's repute, the category it falls under, and macroeconomic issues.
Here, we provide a list of the returns that the best-performing large-cap strategies have produced recently.
Big Cap
The table that follows shows that five large-cap schemes produced returns of around 20 percent in the previous year, or in 2024.
The best return, 22.24 percent, was provided by the DSP Top 100 Equity Fund. Furthermore, with an annual return of 19.75 percent, Nippon India Large Cap is the largest fund in terms of size, with total assets of 35,779 crore.
The table that follows shows that five large-cap schemes produced returns of around 20 percent in the previous year, or in 2024.
The best return, 22.24 percent, was provided by the DSP Top 100 Equity Fund. Furthermore, with an annual return of 19.75 percent, Nippon India Large Cap is the largest fund in terms of size, with total assets of 35,779 crore.
Mid-cap stocks
In the mid-cap market, seven mutual fund schemes have produced returns of more than 30%. Invesco India Mid Cap Fund (44.5 percent) and HSBC Midcap Fund (about 40 percent) offer the highest returns.
In terms of scheme size, Franklin India Prima Fund and Kotak Emerging Equity Fund are the two biggest mutual funds.
Tiny Cap
In the small-cap category, there are five schemes that have produced substantial returns. LIC MF Small Cap Fund and Bandhan Small Cap Fund provide the greatest returns (over 40%). Interestingly, with an AUM of just ₹458 crore, the latter fund is the smallest in terms of asset size, while the former is the greatest.
In the mid-cap market, seven mutual fund schemes have produced returns of more than 30%. Invesco India Mid Cap Fund (44.5 percent) and HSBC Midcap Fund (about 40 percent) offer the highest returns.
In terms of scheme size, Franklin India Prima Fund and Kotak Emerging Equity Fund are the two biggest mutual funds.
Mid Cap schemes | 1-year-return (%) | AUM ( ₹crore) |
|---|---|---|
| Edelweiss Mid Cap Fund | 39.07 | 8,609.41 |
| Franklin India Prima Fund | 33.07 | 12,514.43 |
| HSBC Midcap Fund | 39.98 | 12,335.69 |
| Invesco India Mid Cap Fund | 44.48 | 6,157.82 |
| JM Midcap Fund | 34.80 | 1,408.28 |
| Kotak Emerging Equity Fund | 34.37 | 52,977.35 |
| WhiteOak Capital Mid Cap Fund | 33.73 | 2,794.76 |
Tiny Cap
In the small-cap category, there are five schemes that have produced substantial returns. LIC MF Small Cap Fund and Bandhan Small Cap Fund provide the greatest returns (over 40%). Interestingly, with an AUM of just ₹458 crore, the latter fund is the smallest in terms of asset size, while the former is the greatest.
It is important to note, though, that historical returns do not guarantee future results. This implies that a scheme's past outstanding performance does not guarantee that it will continue to provide remarkable performance in the future.
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