Mutual Fund: Mutual funds can be invested in lump sum and through SIP. In July, a total investment of Rs 37,113 crore came in equity mutual funds. While a record inflow of Rs 23,332 crore was recorded through SIP.
Mutual Fund: The craze of mutual funds is at its peak among investors. In the rally in the stock market during the last few years, many equity funds have also shown tremendous growth. However, in the long term, mutual fund schemes have always worked for wealth creation. Mutual funds can be invested in lump sum and through SIP. In July, a total investment of Rs 37,113 crore came in equity mutual funds. While a record inflow of Rs 23,332 crore was recorded through SIP. If we look at the performance of mutual fund schemes in the long term, then the top funds have given strong returns in the last 5 years. An investment of Rs 5 lakh in top performing equity schemes has become Rs 48 lakh.
Strong returns in top-3 schemes
Nippon India Small Cap
Investors in Nippon India Small Cap have got an average annual return of 25.56 percent in 10 years. A lump sum investment of Rs 5 lakh in this scheme has grown to Rs 48,69,485 in 10 years. You can invest in this scheme with a minimum of Rs 5,000. The scheme was launched on January 1, 2013. Its asset under management (AUM) is more than Rs 60,373 crore.
SBI Small Cap Fund
Investors in SBI Small Cap Fund have got an average annual return of 25.39 percent in 10 years. A lump sum investment of Rs 5 lakh in this scheme grew to Rs 48,03,956 in 10 years. A minimum investment of Rs 5,000 can be made in this scheme. The scheme was launched on 1 January 2013. Its asset under management (AUM) is more than Rs 32,761 crore.
Quant ELSS Tax Saver Fund
Investors in Quant ELSS Tax Saver Fund have received an average annual return of 24.89 per cent in 10 years. A lump sum investment of Rs 5 lakh in this scheme grew to Rs 46,15,797 in 10 years. A minimum investment of Rs 500 can be made in this scheme. The scheme was launched on 1 January 2013. Its asset under management (AUM) is more than Rs 11,065 crore.
(NAV: Based on 19 August 2024)
Investment of Rs 37,113 crore in equity funds
According to the data of Association of Mutual Funds in India (AMFI), last month a total investment of Rs 37,113 crore was made in equity mutual funds and Rs 1.19 lakh crore in debt mutual funds. While an investment of Rs 17,436 crore came in the hybrid category. These have got a big boost from the New Fund Offer (NFO). A total of 15 NFOs came in July. New fund offers were launched in 3 equity funds, 6 index funds and 6 ETF categories. NFO came in 2 sectoral and 1 multicap category in equity. A total inflow of Rs 13,735 crore was seen in these. At the same time, a record inflow of Rs 23,332 crore was made through SIP in July.
(Disclaimer: The performance of mutual fund schemes is given here. This is not an investment advice. Investment in mutual funds is subject to market risks. Consult your advisor before taking any investment decision.)
