7 Equity Mutual Funds Including HDFC Mid Cap and ITI Small Cap Doubled Investments in 3 Years

Over the past 3 years, several equity mutual funds in India have shown notable growth. Among around 233 funds, seven have more than doubled investors’ lumpsum investments, reflecting consistent performance in small and mid-cap segments without emphasising extreme highs.

Here’s a detailed look at few of these funds and their growth over the past 3 years.

Fund-wise Performance Overview

Note: The list of funds above is sorted as per 3-yr CAGR and is as of August 20, 2025.

Observations by Fund Type

• Small cap funds like Bandhan Small Cap Fund and ITI Small Cap Fund showed steady growth over 3 years.
• Mid cap and large and mid cap funds such as Invesco India Midcap Fund and Motilal Oswal Large & Midcap Fund delivered returns slightly above 2x the investment.
• CAGR across the 7 funds ranged between 25.94% and 29.59%, indicating consistent growth rather than extreme variations.

Read More: JioBlackRock Flexi Cap Will Benchmark Its Performance to Nifty 500 Index (TRI).

Conclusion

These 7 equity mutual funds illustrate how selected small and mid-cap funds have performed over 3 years. Investors evaluating funds should consider fund type, historical growth, and risk tolerance rather than focusing only on short-term multiplication of investment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.