These Equity Mutual Funds Delivered Up to 15% Returns In 9 Months

An equity mutual fund is a type of investment that collects money from investors to buy stocks and shares in companies. The main objective of equity mutual funds is to generate long-term capital growth. There are approx. 17 equity mutual funds which have delivered up to 15% absolute returns in the past nine months. There were 269 funds at the said time. Here are the top 10 performers.

There are three funds from the Motilal Oswal Mutual Fund:

Motilal Oswal Mutual Fund is a mutual fund company that delivers different types of investment plans to help people grow their money. The fund is managed by Motilal Oswal Asset Management Company. Motilal Oswal Small Cap Fund, Motilal Oswal Large Cap Fund, and Motilal Oswal Midcap Fund have delivered 21.09%, 20.18%, and 20.01% returns, respectively, during the past nine months.

There are two funds from Midcap Funds:

It is a type of mutual fund that invests in companies that are in the middle range of market size. The fund is risky as compared with large-cap funds but more stable than small-cap funds. Invesco India Midcap Fund and Edelweiss Mid Cap Fund delivered 18.98% and 18.85% returns, respectively, during the same time.

There are two funds from Smallcaps LIC MF:

The goal of this scheme is to help investors grow their money over the long term by mainly investing in stocks and related instruments of small companies. Small Cap Fund and Bandhan Small Cap Fund gave 18.44% and 18.13% returns, respectively, during the mentioned time.

Kotak Emerging Equity Fund

The Kotak Emerging Equity Fund is a mutual fund that invests in growing companies in India. The main goal of this fund is to help investors build wealth over time by investing in companies that have the potential to grow and succeed. Kotak Emerging Equity Fund which is the the second largest midcap fund based on assets managed, delivered a 17.22% return in the said time.

LIC MF Multi Cap Fund

The fund is managed by the Life Insurance Corporation of India (LIC). LIC MF Multi Cap Fund is an open-ended fund that invests in multiple companies in large, medium and small market caps. The fund focuses on generating long-term capital growth. Multi Cap Fund delivered a return of approx. 17.14% in the same time.

UTI Small Cap Fund

The main objective of the UTI Small Cap Fund is to help your money grow over the long term. It aims to do this by mostly investing in the stocks and related securities of smaller companies. Small Cap Fund delivered 17% returns in the said time.

Other Funds

Seven other schemes have delivered returns ranging between 15.20% and 16.58% in the past nine months.