Mutual funds were adversely affected by the market decline.
Mutual Funds: There has been a continuous decline in the stock market since September 27. The market was at its lifetime high on September 27. On this day, BSE Sensex closed at 85,978.25 points, while on the other hand, NSE Nifty 50 also closed at its all-time high of 26,277.35 points. Since then, the market has been witnessing a huge decline continuously. Despite the gain on Tuesday, November 19, the Sensex is at 77,578.38 points and the Nifty is at 23,518.50 points.
Mutual funds were adversely affected by the market decline.
Due to the ongoing decline in the stock market, the portfolio of mutual funds has also been adversely affected. In the last one month, there has been a decline in almost all categories of mutual funds. However, if we talk about the last one year, there are many schemes which have given excellent returns to investors. Today we will learn about those 5 equity mutual funds schemes which have given the highest returns in the last one year. The special thing is that in the list of top 5 funds, 3 funds belong to Motilal Oswal. Not only this, there is also a fund of Motlal Oswal at the top in this list, which has given returns of up to 55 percent in the last one year.
Motilal Oswal Large & Midcap Fund
Motilal Oswal’s Large and Midcap Fund has given an excellent return of 43.77 percent in the last one year, despite the huge fall in the last one and a half months.
Motilal Oswal ELSS Tax Saver Fund
Motilal Oswal’s ELSS Tax Saver Fund has given returns of 47.40 percent in the last 1 year amid the decline.
Bandhan Small Cap Fund
Bandhan Small Cap Fund has given a bumper return of 49.26 percent to its investors in the last 1 year despite the ongoing decline in the market.
Invesco India Focused Fund
Invesco India Focused Fund has given a strong return of 49.56 percent to its investors in the last 1 year.
Motilal Oswal Midcap Fund
Motilal Oswal’s Midcap Fund is at the first place in this list. Despite the ongoing chaos in the market, Motilal Oswal Midcap Fund has given a stellar return of 54.94 percent to its investors in the last one year.
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