Mutual Fund returns: These schemes gave more than 13% return in the past 5 years

Team MintGenie
Updated: 07 Sep 2022, 08:15 AM IST
TL;DR.

These focused funds gave a compound annual growth rate (CAGR) of 13 percent in the past five years. We shed light on some of these focused mutual funds which gave this return for the past half a decade as on September 2, 2022. These are the top five mutual funds that fall in this category.

IIFL Focused Equity Fund: This scheme was conceived in October 2014. Its past five-year CAGR was 14.93 percent, higher than the benchmark return of 13.22 percent given by S&P BSE 500 Total Return Index. Also, the daily AUM of fund scheme is ₹3,254.52 crore, according to the AMFI (Association of mutual funds in India) data.   

It was launched in August 2008. The past five-year CAGR was 14.13 percent, higher than the benchmark return of 12.96 percent of NIFTY 500 Total Return Index. Also, the daily AUM of this fund scheme was ₹125.10 crore.

SBI Focused Equity Fund: It was launched in October 2004. It gave a CAGR of 14.10 percent, higher than the benchmark return of 13.22 percent given by S&P BSE 500 Total Return Index. Also, the daily AUM of fund scheme is ₹27,351.79 crore, according to the AMFI (Association of mutual funds in India) data.

Franklin India Focused Equity Fund: This scheme was launched in July 2007. It gave a CAGR of 13.09 percent, higher than the benchmark return of 12.96 percent given by NIFTY 500 Total Return Index. Also, the daily AUM of fund scheme is ₹8,148.36 crore, according to the AMFI (Association of mutual funds in India) data.

Sundaram Focused Fund: The scheme was launched in Nov 2005 (regular) while the direct scheme was launched in January 2013. It gave a return of 13.36 percent, higher than the benchmark return of 12.96 percent given by NIFTY 500 Total Return Index. Also, the daily AUM of fund scheme is ₹757.03 crore, according to the AMFI (Association of mutual funds in India) data.

First Published: 07 Sep 2022, 08:15 AM IST