The past 1-year has given tremendous returns for equity mutual funds. Especially those who have invested more at the exact same time last year, when the Kovid-19 fell heavily in the stock markets. In the last 1-year, the equity market has made a big comeback, leading to strong returns to investors by equity mutual funds. Here we are going to give information about some equity mutual funds, which have given more than 60 per cent returns in the last one year.
UTI Flexi Cap Fund
The fund has given a return of 62.10 per cent in the last 1 year. UTI Flexi Cap Fund has been given a 5-star rating by Value Research. The fund has a 3-year annualized return of 14.92 per cent. While the 5-year return has been 16 per cent year-on-year. The fund is managed by UTI and has an AUM (Asset Under Management) of over Rs 16,000 crore.
At least how much investment is necessary
You can invest in UTI Flexi Cap Fund through SIP. The minimum monthly investment through SIP would be Rs 1000. The fund’s portfolio includes stocks such as HDFC Bank, Bajaj Finance, L&T Infotech, Infosys and HDFC. Keep in mind that after the fall in the markets due to the lockdown, the stock market has been growing rapidly in the last 1 year. So while investing in a mutual fund scheme, do not look at the returns of just one year.
Mirae Emerging Bluechip Fund
The fund has received a 5-star rating from both CRISIL and Value Research. The fund’s 1-year returns have been 63.24 per cent, while the 3-year annualized returns have been 16.15 per cent and the 5-year returns 20.77 per cent year-on-year. Mirae Emerging Bluechip Fund’s portfolio includes stocks such as HDFC Bank, ICICI Bank, Infosys and Axis Bank. For those who want to invest in mutual funds, it is better to avoid investing big money at the same time. This is because the stock market has also been volatile in the last 1 year.
Tata midcap growth
This is another fund that has performed strongly in the last 1 year. Its 1-year return has been 61.74 per cent on an annual basis. The 3-year annualized return is more than 11 per cent. Make sure to note that this is a midcap fund, which means that returns can be more volatile. The fund has invested in shares like Voltas, Cholamandalam Investment, Tata Power, Naveen Florin etc. Being a midcap fund, you should not put a large amount of money in this fund simultaneously.
SBI Small Cap Fund
SBI Small Cap Fund has given a spectacular return of about 81% in 1 year. The fund invests in companies with a small market cap, which means that its returns can be volatile. The portfolio of the fund includes stocks like JK Cement, Algi Equipment, Bluestar etc. You can invest here through SIP route.
