Around six equity mutual funds have offered over 20% CAGR in the last five years based on the daily rolling returns, data by ACE MF showed. There were around 201 equity schemes in the said period.
iStock
These six equity mutual funds were from different categories. Out of six schemes, five were from smallcap category and one was from large & mid cap category.
Getty Images
3/9
Bank of India Small Cap Fund
This smallcap fund gave 30.70% CAGR in the last five years based on daily rolling returns. Launched in December 2018, the scheme manages assets of Rs 1,052 crore as of April 2024.
iStock
4/9
Edelweiss Small Cap Fund
Based on daily rolling returns, Edelweiss Small Cap Fund delivered 28.27% CAGR in the last five years. The scheme was launched in February 2019 and manages assets of Rs 3,361 crore.
Getty Images
5/9
Canara Rob Small Cap Fund
This smallcap fund gave a 26.95% CAGR return in the last five years based on daily rolling returns. The scheme was launched in February 2019 and had an AUM of Rs 10,085 crore as of April 2024.
Getty Images
6/9
Tata Small Cap Fund
Tata Small Cap Fund offered 26.30% CAGR in the last five years based on the daily rolling returns. The scheme was launched in November 2018 and manages assets of Rs 6,951 crore.
iStock
7/9
Invesco India Smallcap Fund
The smallcap fund delivered 25.66% CAGR in the last five years based on daily rolling returns. The scheme was launched in October 2018 and had an AUM of Rs 3,964 crore as of April 2024.
iStock
8/9
Axis Growth Opportunities Fund
This large & mid cap fund offered 20.32% CAGR in the last five years based on daily rolling returns. The scheme was launched in October 2018 and manages assets of Rs 12,096 crore.
Getty Images
9/9
Rolling return: What and Why?
A rolling return is the average of a series of returns over a long period. It is the annualised return of any scheme taken for a specified period. It can be rolled on a daily, monthly, or yearly frequency in the defined period. Due to the different periods involved, the return consistency of the fund over a defined period can be analysed efficiently as it considers both upstream and downstream in the market.
Vriddhi India Empowering You
