These mutual fund schemes given 30 % CAGR over 3 years

Even as investors may be looking for opportunities in the multi-bagger stock space, there are several mutual funds that have turned multi-baggers. We have identified certain mutual fund schemes that have turned out to be multi-baggers over past three years.

Birla Sun Life  (BSL)Equity Fund (33.71 per cent) , BSL advantage (35.43 per cent) , BSL mid-cap fund (39.98 per cent), BSL Tax Relief 96 (31.15 per cent), BSL India Gen Next Fund (30.68 per cent), BSL MNC fund (36.52 per cent), BSL Pure Value Fund (44.20 per cent) and BSL Infrastructure Fund (33 per cent) are the funds from Birla fund family that have given more than 30 per cent returns on an annualised basis over three years period.

During the similar period Sensex has delivered 15.15 per cent on an annualised basis over three years. S&P BSE Mid-cap index was the best performer over three years with the performance being at 35.53 per cent on an annualised basis.  The S&P BSE Financial Services Index and S&P BSE MNC Index were impressive with 27.84 per cent and 22.77 per cent CAGR returns for a three-year period.