Twelve equity mutual funds delivered over 10% returns in the past year, led by TRUSTMF Small Cap Fund with 19.24%. Midcap schemes from ICICI Prudential, HSBC and Mirae Asset also featured among the top performers. Overall, 284 schemes were analysed, with returns ranging from –11.51% to 9.86%.

Mirae Asset Midcap among 12 equity mutual funds that deliver over 10% return in 1 year. Do you own any?

Synopsis

Twelve equity mutual funds delivered over 10% returns in the past year, led by TRUSTMF Small Cap Fund with 19.24%. Midcap schemes from ICICI Prudential, HSBC and Mirae Asset also featured among the top performers. Overall, 284 schemes were analysed, with returns ranging from –11.51% to 9.86%.

A total of 12 equity mutual funds have delivered over 10% returns in the past year, an analysis by ETMutualFunds showed. Out of 284 schemes assessed during the period, the top performers included prominent names such as Mirae Asset Midcap Fund, ICICI Prudential Midcap Fund and SBI Focused Fund.

TRUSTMF Small Cap Fund emerged as the top performer over the past year, delivering a strong 19.24% return. It was followed by two midcap schemes — ICICI Prudential Midcap Fund, which returned 17.78%, and HSBC Midcap Fund, which posted gains of 16.05% during the same period.

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Union Small Cap Fund posted a return of 14.98% in the last year, followed by Helios Mid Cap Fund, which gave 12.82% return in the same time period.

Quant Value Fund, a value fund, delivered a return of 12.52% in the said time period, followed by WOC Mid Cap Fund, which gave 12.10% return in the similar period. SBI Focused Fund offered a return of 11.69% in the last one year.

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Groww Multicap Fund, the only multi cap fund among the top performers, posted a return of 11.57% in the said time period. This was followed by three funds which gave nearly 10% return in the last year.

Mirae Asset Midcap Fund, DSP Value Fund and Baroda BNP Paribas Mid Cap Fund delivered a return of 10.96%, 10.59% and 10.10%, respectively.

Other funds in the list

The other 272 funds delivered returns ranging from a negative 11.51% to a positive 9.86%. Out of 272 funds, 134 funds gave positive returns, whereas the other 138 funds gave negative returns.

LIC MF Value Fund gave a return of 9.86% in the last year. Nippon India Growth Mid Cap Fund, the fund with the highest NAV, delivered a return of 8.46% in the last year. Motilal Oswal Small Cap Fund delivered a return of 7.41% in the said time period.

Mirae Asset Small Cap Fund posted a gain of 7.02%, followed by ITI Mid Cap Fund, which gave 6.85% return. Bandhan Small Cap Fund offered a return of 6.53%. HDFC Mid Cap Fund, the largest midcap fund based on assets managed, delivered a return of 6.18% in the last year.

Edelweiss Small Cap Fund posted a return of 5.29% in the last year, followed by Helios Flexi Cap Fund, which posted a return of 5.23% in the same period.

Nippon India Small Cap Fund, the largest smallcap fund based on assets managed, delivered a return of 4.42% in the last year. Quant Small Cap Fund offered a return of 3.18% in the said time period.

Two funds from HSBC Mutual Fund - HSBC Small Cap Fund and HSBC Flexi Cap Fund delivered a return of 2.71% and 2.70% in the last year. HDFC Large and Mid Cap Fund was the last one to deliver positive returns; the fund gave a return of 0.04% in the same period.

Samco Multi Cap Fund and Tata Small Cap Fund lost the most, around 11.51% and 10.17% in the last year. Parag Parikh ELSS Tax Saver Fund lost 8.67% in the same period.

HDFC ELSS Tax Saver delivered a negative return of 5.35% in the last year. Axis ELSS Tax Saver Fund, the largest ELSS fund based on assets managed, delivered a negative return of 3.59% in the same period.

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Parag Parikh Flexi Cap Fund, the largest flexi cap fund and active fund based on assets managed, posted a negative return of 0.75% in the same period. WOC Flexi Cap Fund lost the lowest of around 0.05% in the said period.

We considered all equity and equity-related funds. We considered regular and growth options. We calculated the performance of the last year.

Note: the above exercise is not a recommendation. The exercise was done to find how equity mutual funds performed in the last year. One should not make investment or redemption decisions based on the above exercise.

One should always consider risk appetite, investment horizon and financial goals before finalising any scheme for investment.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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