Wondering what the top mutual funds that have been giving returns above benchmarks to their clients are? The following are some great funds worth looking at.
Mutual funds allow investors to earn passive income – i.e. without the need to track their investments regularly. Therefore, a mutual fund (especially SIP fund) giving high returns is great news for working professionals looking to invest their monthly savings in beating inflation. The following mutual funds not only beat inflation but also beat the general trends in the stock market, allowing investors to receive an income that they may not have been able to earn even if they made all their investment decisions themselves.
|Quant Small Cap Fund||PGIM India Midcap Opportunities Fund||Kotak Small Cap Fund|
|1Y Annualised Returns (in %)||2.28||6.9||3.96|
|3Y Annualised Returns (in %)||52.82||41||36.16|
|5Y Annualised Returns (in %)||22.03||21||19.5|
|Returns since inception (in %)||15.35%||20||20.58|
Quant Small Cap Fund
Let us take Nifty Smallcap 250 as the benchmark for small cap funds. The benchmark has had a CAGR of 25.44% in the last 3 years. Compared to that, Quant Small cap fund has had 52% annualised returns in the last 3 years.
Its AUM (Assets Under Management) is ₹2078.62 cr. Its sector wise investments are highest in Consumer Staples (20.5%), Construction (18.8%) and Services (12.2%).
Its fund managers include Sanjeev Sharma, Vasav Sehgal, Ankita A Pande and Chandramouli Alla. The fund’s inception date was 1st January 2013.
It has an NAV (net asset value) of ₹137.95, an expense ratio of 0.62%, a sharpe ratio of 1.44% and a sortino ratio of 1.74%.
PGIM India Midcap Opportunities Fund
The PGIM India Midcap Opportunities Fund has given around 40% annualised returns in the last 3 years. In comparison, the other midcap funds have gained relatively less – Quant Midcap at 36.82%, Edelweiss Midcap at 27.25% etc.
Its AUM is ₹6614.47 cr. The sector wise top investments of PGIM Midcap Opportunities are Capital Goods (16.5%), Financial (15.2%), Construction (12%), Services (11%) etc.
Its fund managers include Puneet Pal, Vivek Sharma and Aniruddha Naha. The fund’s inception date is 2nd December 2013.
It has an NAV of ₹49.08, an expense ratio of 0.40%, a sharpe ratio of 1.49 and a sortino ratio of 1.55.
Kotak Smallcap Fund
Kotak Smallcap Fund has seen a CAGR of 34.33% in the last 3 years which is also greater than the aforementioned Nifty Smallcap 250 benchmark of 25.44%.
Its AUM is ₹8355.60 cr. The sector wise top investments of Kotak Smallcap are in consumer durables (23.76%) as well as capital goods and chemicals.
Its fund managers include Pankaj Tibrewal and Arjun Khanna. Its inception date is 1st January, 2013.
It has an NAV of ₹185.56, an expense ratio of 0.59%, a sharpe ratio of 1.25 and a sortino ratio of 1.24.
Now that you know about the top mutual funds to look out for, try opening a demat account to track and trade equity-based funds and assess the various mutual funds yourself.
Disclaimer: This blog is exclusively for educational purposes. The securities quoted here are only exemplary and not recommendatory.