Around 212 equity schemes have completed three years in the market. Out of these 212 schemes, 34 schemes offered an absolute return of more than 100% on lumpsum investments in the last three years. Here are the top five, according to the data extracted from ACE MF.
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Motilal Oswal Midcap Fund
Motilal Oswal Midcap Fund, the first on the list, gave an absolute return of 150.11% in the last three years on the lumpsum investments. The scheme multiplied wealth by 2.50 times and a lump sum investment of Rs 10,000 made three years ago would have turned to Rs 25,010 now.
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Two smallcap funds – Quant Small Cap Fund and Nippon India Small Cap Fund – gave an absolute return of 142% and 140%, respectively. These two schemes multiplied investors’ wealth by 2.42 times and 2.40 times, respectively. A lump sum investment of Rs 10,000 made three years ago in these two smallcap schemes would have turned to Rs 24,210 and Rs 24,011, respectively now.
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Quant Mid Cap Fund gave an absolute return of 137.85% on lumpsum investments in the last three years. The scheme multiplied investors’ wealth by 2.38 times. A lump sum investment of Rs 10,000 made three years ago in this scheme would have turned to Rs 23,785 now.
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Nippon India Multi Cap Fund
Quant Mid Cap Fund gave an absolute return of 137.85% on lumpsum investments in the last three years. The scheme multiplied investors’ wealth by 2.38 times. A lump sum investment of Rs 10,000 made three years ago in this scheme would have turned to Rs 23,785 now.
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One should always consider risk appetite, investment horizon, and goal before making any investment decision.