Mutual Fund SIP | These top 5 mutual funds have given returns of more than 30% in 5 years, have you invested?
Mutual Fund SIP Due to good returns, the number of people investing in mutual funds through systematic investment plans has increased significantly in the last few years. Five mutual fund schemes in the midcap category have given more than 30 percent returns to their investors on SIP in five years. Motilal Oswal Midcap Fund has given the highest returns.
Motilal Oswal's highest return
Motilal Oswal Mutual Midcap Fund has given a return of 39.83% on investments through SIP over a five-year period. There are nine midcap mutual funds which have given returns of more than 30%. If an investor had started investing Rs 10,000 every month in Motilal Oswal Midcap Mutual Fund Scheme five years ago, his investment would have been Rs 15.74 lakh.
These gave returns of more than 30%.
After this, Nippon India Growth Fund has given a return of 33.35% to investors over a period of five years, whereas in Edelweiss Mid Cap Fund, if an investor had started an SIP of Rs 10,000 five years ago, then by October 2024 his investment would have returned Rs 13,000. It will be Rs 52,909. That means the fund has given 33.27% return. On the other hand, Quant Mid Cap Fund has given 33.17% returns over a five-year period. The company converted a SIP of Rs 10,000 into Rs 13,49,652. HDFC Midcap Opportunities Fund has registered a profit of Rs 32.94 in the same period. Mahindra Manlife and Sundaram Midcap Fund have given returns of 31.82% and 30.28% respectively in five years, while Invesco India has given 30.26% returns on SIP investments in the same period.
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