Best mutual funds: In the last few years, the Indian stock market has given very good returns to investors. Its effect has also been seen on mutual fund returns.
The trend of investing in mutual funds has increased significantly in recent times. Experts also believe that if money is invested in mutual funds in the right way, they help you a lot in creating huge wealth. Today in this article we are going to tell about those funds of focused category which have given very good returns to investors in the last five years.
What are focused funds?
Focused funds are those mutual funds which are limited to only certain categories of shares. These types of mutual funds have to keep at least 65 percent of their assets in equities and related ventures. Today we are going to tell you about some such focused funds, which have given an average return of 22 to 17 percent to their investors.
Quant Focused Fund: This fund has given an average return of 22.06 percent to its investors in the last 5 years. If you had invested Rs 1 lakh in this fund five years ago, its value would have become Rs 2.70 lakh today.
360 One Focused Equity Fund: This fund has given an average return of 21.66 percent to its investors in the last 5 years. If you had invested Rs 1 lakh in this fund five years ago, its value would have become Rs 2.66 lakh today.
- ICICI Prudential Focused Equity Fund: This mutual fund has given an average return of 19.59 percent to its investors in the last 5 years. In this fund, Rs 1 lakh has increased to Rs 2.44 lakh in the last 5 years.
- HDFC Focused 30 Fund: This mutual fund has given an average return of 19.14 percent in 5 years. In the last 5 years, the amount of Rs 1 lakh invested in this fund has increased to Rs 2.40 lakh.
- Franklin India Focused Equity Fund: This fund has given an average return of 18.36 percent to investors. If you had invested Rs 1 lakh in this fund five years ago, its value would have become Rs 2.32 lakh today.
- Sundaram Focused Fund: This mutual fund has given an average return of 17.89 percent to its investors in the last 5 years. In this fund, Rs 1 lakh has increased to Rs 2.27 lakh in the last 5 years.