Sensex at 80000: SIP sahi hai. Here are the top flexicap MFs that have given up to 20% over 15 years
The Indian market has awarded long-term investors with healthy returns. Similarly, the power of compounding and rupee cost averaging work in favour of long-term SIPs, take a look
The BSE Sensex, India’s market barometer, touched 80,000 for the first time on July 3. The Price Return Index (PRI) variant of the 30-stock index has generated a compounded annualised return of 15.9 percent since its introduction in April 1979. The Indian market has always rewarded long-term investors. Equity mutual funds, too, have brought cheer to long-time unitholders with substantial gain. Here is a list of flexicap mutual funds that delivered up to 20 percent annualised return on 15-year systematic investment plans (SIPs). The power of compounding and rupee cost averaging work in favour of long-term SIP investors. Please note, past performance is not indicative of future results. (Data source: ACEMF).
2/9
Quant Flexi Cap Fund 15-year SIP return (XIRR) of the scheme: 20.2% Fund Managers: Sandeep Tandon, Ankit A Pande, Vasav Sahgal and Sanjeev Sharma
3/9
JM Flexicap Fund 15-year SIP return (XIRR) of the scheme: 18.9% Fund Managers: Satish Ramanathan, Chaitanya Choksi and Gurvinder Singh Wasan