Around 10 equity mutual funds have delivered over 25% returns in 2024 so far. There were around 490 equity mutual funds in the said period, according to the data from ACE MF. Here is the list of toppers:
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2/8
Mirae Asset NYSE FANG+ETF FoF
This international fund has offered a 32.49% return in 2024 so far. The scheme had an asset under management of Rs 1,441 crore as of March 31, 2024.
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This PSU theme-based fund has given 28.96% gains in 2024 so far. In a three-year horizon, the scheme offered a 42.81% return. The fund manages assets of Rs 1,875 crore.
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4/8
Two from Quant Mutual Fund
Two funds – Quant Momentum Fund and Quant Infrastructure Fund – gave 28.75% and 28.65% returns respectively in 2024 so far. The funds had assets under management of Rs 1,356 crore and Rs 2,498 crore respectively.
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5/8
ICICI Prudential Commodities Fund
The fund delivered a 27.52% return in 2024 so far. The scheme is based on a PSU theme and had an asset base of Rs 2,405 crore as of March 31, 2024.
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6/8
Bandhan Infrastructure Fund
This infrastructure fund has offered a 26.37% return so far in 2024. In a three-year horizon, the scheme delivered a 36.66% return. The fund manages assets of Rs 1,043 crore.
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Two PSU funds – Invesco India PSU Equity Fund and Aditya Birla SL PSU Equity Fund – gave 26.33% and 26.11% returns respectively in 2024 so far. In a three-year horizon, the funds offered 39.49% and 45.07% returns respectively.
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8/8
2 gainers from Quant
Two funds – Quant Value Fund and Quant Commodities Fund – gave 26.09% and 25.20% returns respectively in 2024 so far.