Significant Returns in the Market
In the past six months, 57 equity mutual funds have reported impressive returns, exceeding 30%. During this period, there were a total of 267 equity mutual funds available for investment.
Leading Performers
The standout performers in this category primarily came from the mid-cap segment. The Motilal Oswal Midcap Fund and the Invesco India Midcap Fund led the pack, delivering returns of 39.90% and 39.74%, respectively.
Following closely behind, both funds from Motilal Oswal Mutual Fund made notable contributions. The Motilal Oswal Large & Midcap Fund generated a return of 38.92%, while the Motilal Oswal ELSS Tax Saver Fund achieved a return of 38.71%.
Small-Cap Fund Performance
In the small-cap category, the LIC MF Small Cap Fund and the Motilal Oswal Small Cap Fund also performed well, posting returns of 37.98% and 37.28%, respectively. Additionally, the Tata Small Cap Fund provided a return of 36.69%, while the Kotak Small Cap Fund yielded a 33.93% return over the same period.
More Noteworthy Mid-Cap Funds
The Kotak Emerging Equity Fund, ranked as the second largest mid-cap fund by assets, offered a return of 33.84% during this timeframe. The Franklin India Prima Fund, another mid-cap option, achieved a return of 33.51%. Meanwhile, the Invesco India Contra Fund delivered a return of 33.46%, and the Sundaram Mid Cap Fund yielded 32.25%.
Additional Performers
The Axis Midcap Fund and the UTI Value Fund recorded returns of 31.87% and 31.70%, respectively, in this six-month period. The Motilal Oswal Large Cap Fund posted a return of 31.66%, while the Nippon India Small Cap Fund, the largest small-cap fund by assets, achieved a return of 31.19%.
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