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31 mutual fund schemes gave more than 100% returns in a year

100% return in a year, can a mutual fund scheme give such a great return? Advisor says that it is not right to take a decision on a mutual fund scheme by looking at the past returns. It is another matter that most investors choose the scheme on the basis of short-term returns. In the last one year, the stock market has come to a record high from a steep decline. In such a situation, it is imperative for investors to register a huge profit in their portfolio.




During the last one year, around 31 equity mutual fund schemes have given more than 100 per cent returns. Most of these are sectoral funds. First let’s talk about the technology sector funds. In the post-Kovid era, the technology and IT sectors have registered a spectacular growth. Therefore, there has been a huge increase in the returns of IT sector funds. The IT sector fund has given an average return of 129 per cent in a year. 6 schemes of this category have given more than 100 per cent returns in a year.

Scheme name1 Year Return (%)
ICICI Pru Technology Fund159.27
ABSL Digital India Fund132.09
Tata Digital India Fund131.58
Franklin Technology Fund115.77
SBI Technology Opportunities Fund106.28

 

Smallcap fund is at number two in the chart. After beating badly last year, the smallcap category has made a good comeback. Experts say that the valuation of smallcap stocks still has not reached the peak of 2017. In the smallcap category, 8 schemes have given more than 100 per cent returns in a year.

Scheme name1 Year Return (%)
Quant Smallcap Fund172.98
Kotak Smallcap Fund117.71
Edelweiss smallcap fund109.63
Nippon India Smallcap Fund108.72
BOI Aksa Smallcap Fund106.76
Motilal Oswal Nifty Smallcap 250 Fund106.76
Principal Smallcap Fund102.96
Canara Robeco Smallcap Fund102.68

 

During the last one year, value funds have also gained great growth. Many reports have said that in the next one year, value investing is expected to do well. In the last one year, three schemes that followed value and contra style investing have given more than 100 per cent returns.

Scheme nameReturn (%)
SBI Contra Fund106.69
Templeton India Value Fund102.89
IDFC Sterling Value Fund100.87

 

Midcap funds also benefited from the recent rally in the stock market. Most funds in the midcap category have given 90 per cent returns. However, some schemes also gave more than 100 per cent returns.

Scheme nameReturn (%)
PGIM India Midcap Fund121.10
Quant Midcap Fund109.75

 

There are many more schemes from different sectors which left the index behind by a huge margin. Their returns were more than 100 percent during a year. Come, let’s see their full list here.

Scheme nameReturn (%)
Quant Infrastructure Fund140.50
HSBC Infrastructure Fund100.86
ICICI Pru Commodities Fund150.81
Kotak Pioneer Fund112.09
Quant Active Fund133.22
Quant Focused Fund102.78
Quant tax fund145.40
PGIM India Flexi Cap Fund110.82
Nippon India Focused Equity Fund100.01
DSP World Mining Fund124.62
Edelweiss US Technology Equity FOF Fund106.80
Quant Consumption Fund127.35

 

Some MMC schemes like Quant Mutual Fund have done well in every category. Mutual fund advisors say that investors should not see these huge returns alone. Also, they should not take investment decisions after looking at near-term returns. It would be better to choose the scheme with the help of an experienced financial advisor. The scheme should be commensurate with your risk taking ability.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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