Over 1000 per cent returns: Top three mutual funds with the highest returns of 1205 per cent

DSIJ Intelligence-3 / 13 Feb 2024/ Categories: Mutual Fund, Trending

Over 1000 per cent returns: Top three mutual funds with the highest returns of 1205 per cent

To illustrate this point, let's examine the performance of the top three mutual fund schemes over the last decade with over 1000 per cent returns:

The recent volatility in the stock markets and deteriorating market breadth have sparked concerns about a potential market crash. However, as Paul Samuelson famously said, "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”. Long-term equity investment has historically proven to be a rewarding journey.

To illustrate this point, let's examine the performance of the top three mutual fund schemes over the last decade with over 1000 per cent returns:

1. Nippon India Small Cap Fund - Direct Plan - Growth:

   - Aiming for long-term capital appreciation by investing predominantly in Small-Cap companies, this fund boasts a diversified portfolio and a seasoned management team.

   - With an impressive 10-year return of 1205.29 per cent, it demonstrates the potential for substantial gains through equity investment.

2. SBI Small Cap Fund - Direct Plan - Growth:

   - Managed by SBI Mutual Fund, this fund focuses on investing in small-cap companies with high growth potential.

   - Despite the market fluctuations, it has delivered an outstanding 10-year return of 1108.12 per cent, highlighting the efficacy of its investment strategy.

3. Quant ELSS Tax Saver Fund - Direct Plan - Growth:

   - This equity fund, managed by Ankit A. Pande, offers tax-saving benefits while aiming for long-term growth.

   - With a commendable 10-year return of 1020.85 per cent, it emphasizes the importance of tax-efficient investing coupled with equity exposure.

These exemplary performances underscore the resilience of equity investments over the long term. While short-term market fluctuations may evoke concerns about a potential crash, history has shown that patient, long-term investors are often rewarded handsomely. So, rather than succumbing to market noise, adopting a prudent approach like watching paint dry may indeed be the key to success in the world of investing.

Disclaimer: The article is for informational purposes only and not investment advice