40 equity mutual funds offered over 20% CAGR in three and five years

Around 40 equity mutual funds have offered over 20% CAGR both in the last three and five years. Around 197 equity mutual funds have marked their presence in the market for the last five years.Among these 40, the maximum schemes were from HDFC Mutual Fund. Six schemes from HDFC Mutual Fund offered over 20% CAGR in the period. Nippon India Mutual Fund had four schemes, followed by three schemes each from four fund houses.

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Bandhan Core Equity Fund delivered 22.26% and 23.35% CAGR, in the last three and five years, respectively.

Bank of India Small Cap Fund and DSP Small Cap Fund gave over 20% CAGR in the mentioned period. Franklin India Prima Fund and Franklin India Smaller Cos Fund offered over 20% CAGR both in the last three and five years.

HDFC Mid-Cap Opportunities Fund, the largest midcap fund based on the assets managed, offered over 20% CAGR in the mentioned periods. HDFC Large and Mid Cap Fund offered 20.29% and 23.43% CAGR in the last three and five years, respectively. ICICI Pru Value Discovery Fund offered 21.16% and 25.46% CAGR in the last three and five years, respectively.Kotak Emerging Equity Fund gave over 20% CAGR in the said period. Motilal Oswal Midcap Fund delivered 33.16% and 33.09% CAGR in the last three and five years, respectively. Nippon India Small Cap Fund, the largest small cap fund based on the assets managed, posted over 20% CAGR in both the horizons. Also Read | AMFI Rejig: Gland Pharma and Apollo Tyres among 13 stocks to get smallcap status

Quant Large & Mid Cap Fund, Quant Mid Cap Fund, and Quant Small Cap Fund gave over 20% CAGR in the mentioned periods.

SBI Contra Fund, the largest and oldest contra fund, gave 21.93% and 29.23% CAGR in the last three and five years, respectively. SBI Long Term Equity Fund, the oldest ELSS fund, offered 23.25% and 24.27% CAGR in the mentioned periods respectively.

Among these 40 schemes, Motilal Oswal Midcap Fund has offered the highest return of around 33.16%. In the last five years, Quant Small Cap Fund gave the highest return of around 45.40% among the mentioned universe.

We considered all equity schemes and regular and growth options. We calculated the performance of all the equity schemes that have completed five years of existence in the market.

Note, the above exercise is not a recommendation. The exercise was done to find which equity funds gave over 20% CAGR in both the last three and five years. One should not make investment or redemption decisions based on the above exercise.

One should always consider risk appetite, investment horizon, and goals before making any investment decisions.