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 name | 1 Year Return (%) |
| ICICI Pru Technology Fund | 159.27 |
| ABSL Digital India Fund | 132.09 |
| Tata Digital India Fund | 131.58 |
| Franklin Technology Fund | 115.77 |
| SBI Technology Opportunities Fund | 106.28 |
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 name | 1 Year Return (%) |
| Quant Smallcap Fund | 172.98 |
| Kotak Smallcap Fund | 117.71 |
| Edelweiss smallcap fund | 109.63 |
| Nippon India Smallcap Fund | 108.72 |
| BOI Aksa Smallcap Fund | 106.76 |
| Motilal Oswal Nifty Smallcap 250 Fund | 106.76 |
| Principal Smallcap Fund | 102.96 |
| Canara Robeco Smallcap Fund | 102.68 |
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 name | Return (%) |
| SBI Contra Fund | 106.69 |
| Templeton India Value Fund | 102.89 |
| IDFC Sterling Value Fund | 100.87 |
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 name | Return (%) |
| PGIM India Midcap Fund | 121.10 |
| Quant Midcap Fund | 109.75 |
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 name | Return (%) |
| Quant Infrastructure Fund | 140.50 |
| HSBC Infrastructure Fund | 100.86 |
| ICICI Pru Commodities Fund | 150.81 |
| Kotak Pioneer Fund | 112.09 |
| Quant Active Fund | 133.22 |
| Quant Focused Fund | 102.78 |
| Quant tax fund | 145.40 |
| PGIM India Flexi Cap Fund | 110.82 |
| Nippon India Focused Equity Fund | 100.01 |
| DSP World Mining Fund | 124.62 |
| Edelweiss US Technology Equity FOF Fund | 106.80 |
| Quant Consumption Fund | 127.35 |
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.
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