How India’s largest equity mutual funds won the race for small investors?
Equity mutual funds have been part of this journey and rewarded the long-term investor. Moneycontrol looks at the performance of the equity-oriented schemes with large corpus. Most of these schemes are the best-performers ones in their respective categories
On August 1, the Nifty crossed 25,000 and the Sensex 82,000- mark for the first time. It took the Nifty almost 29 years after it came into being to climb Mt 25k, returning a 13.4 percent compounded annualised growth. Equity mutual funds have been an integral part of this journey and have rewarded long-term investors. Moneycontrol takes a look at the 10 largest equity funds across categories. Most of these schemes are leaders in their respective segments and have grown on solid performance, which attracted more inflows. Schemes from the asset management companies that have a strong distribution network also clocked significant gain. Only actively managed equity-oriented schemes have been considered for the list, leaving out hybrid and debt funds and passively managed funds.
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Scheme Name: Parag Parikh Flexi Cap Fund Inception Date: 28-May-13 Category: Flexi Cap Fund 5-year return (CAGR %): 26.0 10-year return (CAGR %): 18.4
