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Mutual Fund Investment: These 5 mutual funds doubled the money in just 5 years, know the details

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Mutual Fund Investment: Today we are telling you about such mutual funds, which have given great returns to investors in the last 5 years. Let’s know about them.

Mutual Fund Investment: Nowadays people like to invest heavily in mutual funds. It is generally believed that mutual funds give good and quick returns. We are telling you about some such mutual funds, which have doubled the money of investors in a few years.

Large cap funds are such mutual funds, which usually invest money only in the shares of big companies. Funds of this category have given a great return of 19 percent in the last 5 years.

Multi cap mutual funds are those mutual funds, which invest money in all types of funds like large cap, midcap and smallcap. In these, the portfolio is changed according to the market cap. Up to 25 percent CAGR (Compound Annual Growth Rate) has been seen in this category.

Flexi cap funds invest in many different sectors. Such funds have given a great compound return of up to 21 percent in the last 5 years.

Contra funds invest on the basis of contrarian moves. In such a situation, they are considered risky mutual funds. Such funds are capable of giving high returns. In the last five years, these funds have given a return of 27 percent.

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Multi asset allocation funds are a type of hybrid fund, which invests in different asset classes at the rate of 10 percent. Under this category, investment is made in gold or real estate along with equity and debt. These funds have given a return of 19.2 percent in the last 5 years.

The information provided here is being given for information only. It is important to mention here that investment in mutual funds is subject to market risks. Always consult an expert before investing as an investor. Businessleague never advises anyone to invest money here.

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Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
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