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2024 Mutual Fund Performance: Top funds with best 1-yr returns revealed

In the Large and Mid Cap segment, Motilal Oswal Large & Midcap Fund-Reg(G) delivered a remarkable 58.60% return

Mutual funds likely to get nod to invest in ETFs with India presence

Illustration: Binay Sinha

Sunainaa Chadha NEW DELHI

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Motilal Oswal Midcap Fund-Reg(G) has emerged as the top performing mutual fund with a one-year return of 66.11 per cent, as per data analysed by PL Wealth, the wealth management arm of Prabhudas Liladhar. Following closely is Bandhan Small Cap Fund-Reg(G), which delivered 67.79 per cent returns over the same period, making it the best-performing small-cap fund.
 
In the Large Cap category, Quant Large Cap Fund-Reg(G) stood out with a strong 42.11% return, while Quant Value Fund-Reg(G) excelled in the Value-Contra-Dividend Yield category, posting 61.58% returns.
 
In the Large and Mid Cap segment, Motilal Oswal Large & Midcap Fund-Reg(G) delivered a remarkable 58.60% return, showcasing its ability to blend stability with growth potential.
 
 
Across other categories, JM Flexicap Fund-Reg(G), Axis Multicap Fund-Reg(G), and Invesco India Focused Fund-Reg(G) also posted notable returns.
 
Key Highlights:
  • Motilal Oswal Midcap Fund-Reg(G) leads the pack with an outstanding 1-year return of 66.11%, followed closely by Bandhan Small Cap Fund-Reg(G), which posted 67.79% returns in the same period.
  • Quant Large Cap Fund-Reg(G) was the top performer in the Large Cap category with a return of 42.11%, while Quant Value Fund-Reg(G) topped the Value-Contra-Dividend Yield category with 61.58%.
  • Motilal Oswal Large & Midcap Fund-Reg(G) emerged as a standout in the Large and Mid Cap segment, delivering  58.60% return.
 
Best Performing Funds by Category:
Large Cap Funds:
  • Quant Large Cap Fund-Reg(G): 42.11% return
  • DSP Top 100 Equity Fund-Reg(G): 39.53% return
  • Baroda BNP Paribas Large Cap Fund-Reg(G): 39.07% return
 
Large & Mid Cap Funds:
  • Motilal Oswal Large & Midcap Fund-Reg(G): 58.60% return
  • Invesco India Large & Mid Cap Fund(G): 52.58% return
  • Bandhan Core Equity Fund-Reg(G): 49.78% return
 
Flexi Cap Funds:
  • JM Flexicap Fund-Reg(G): 54.84% return
  • Bank of India Flexi Cap Fund-Reg(G): 53.88% return
  • Motilal Oswal Flexi Cap Fund-Reg(G): 53.04% return
 
Mid Cap Funds:
  • Motilal Oswal Midcap Fund-Reg(G): 66.11% return
  • Edelweiss Mid Cap Fund-Reg(G): 57.32% return
  • ITI Mid Cap Fund-Reg(G): 55.17% return
 
Small Cap Funds:
 
  • Bandhan Small Cap Fund-Reg(G): 67.79% return
  • ITI Small Cap Fund-Reg(G): 54.89% return
  • Quant Small Cap Fund(G): 51.79% return
 
Focused Funds:
  • Invesco India Focused Fund-Reg(G): 65.24% return
  • ICICI Pru Focused Equity Fund(G): 47.39% return
  • Bandhan Focused Equity Fund-Reg(G): 46.94% return
 
Value-Contra-Dividend Yield Funds:
 
  • Quant Value Fund-Reg(G): 61.58% return
  • Invesco India Contra Fund(G): 50.71% return
  • UTI Dividend Yield Fund-Reg(G): 49.09% return
 
Equity Linked Savings Schemes (ELSS):
 
  • Motilal Oswal ELSS Tax Saver Fund-Reg(G): 64.40% return
  • SBI Long Term Equity Fund-Reg(G): 51.50% return
  • HSBC ELSS Tax Saver Fund-Reg(G): 48.27% return
 
Benchmark Comparison:
  • The Nifty 50 - TRI, a key benchmark index, posted a 1-year return of 28.39%.
  • The Nifty 500 - TRI delivered 36.33% over the same period, while the Nifty Midcap 150 - TRI rose by 44.15%, and the Nifty Smallcap 250 - TRI gained 48.57%.
     

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First Published: Nov 22 2024 | 12:12 PM IST

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