Mutual fund SIP investors had a powerful time all through the 12 months. Some even obtained returns of up to 60 % in 2024. Most of the funds earned greater than 50 %. More than 150 funds gave greater than 20 % returns. Investors suffered losses in just one mutual fund scheme.
On funding in SIP until January 1, 2024, Motilal Oswal Midcap Fund gave returns of 60.08 % and Motilal Oswal Smallcap Fund gave returns of 54.72 %. Similarly, Motilal ELSS Tax Saver Fund earned 49.23 % and Motilal Oswal Large and Midcap Fund earned 48.72 % throughout the identical interval. In this sequence, Bandhan Small Cap Fund earned 46.44 % and Motilal Oswal Flexi Cap Fund earned 45.99 %.
Schemes launched in the final three years have given higher returns
Mutual fund schemes launched inside the final one to three years have given higher returns. HDFC Pharma and Healthcare Fund has given 54.12 % return on one 12 months SIP. Whereas, those that invested lump sum obtained 53.62 % return in one 12 months. ICICI Prudential PSU Equity Fund has given 44.25 % annual return on two-year SIP.
HDFC Defense Fund has given 70 % return on one 12 months SIP. Whereas, those that invested lump sum have gotten 82.43 % annual return in one 12 months and 80.24 % annual return since its launch. SBI Nifty Next 50 Index Fund has given 29.13 % annual return on 3 12 months SIP. Whereas those that made lump sum funding obtained returns at the fee of 58.26 % each year in one 12 months. These schemes have turn out to be standard as quickly as they got here into the market. These are giving competitors to all the already working big schemes on the return chart of 1 to three years.
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