Investing in mutual funds has been on the rise for some time now. A large number of first time investors as well as investors who have so far only invested in small savings schemes are getting attracted towards mutual funds in the hope of good returns. To earn good returns from mutual funds, it is very important that you choose the right scheme and invest in a disciplined manner for a long time. Because the benefit of power of compounding is also available only if you stay invested in the market for a long time. Today we are going to tell you about those mutual fund schemes which have given 4 to 5 times returns to their investors in the last 15 years. Most of the funds in these schemes have invested in mid and small cap stocks.
Canara Robeco Emerging Equities Fund: It is a large & mid cap category mutual fund. Before mid-2018 it was a mid and small cap category mutual fund. If someone had invested 10 thousand rupees per month in this fund about 15 years ago, then he would have invested a total of 18 lakhs in this scheme. So today his investment has become Rs 92 lakh. Thus, on an annual basis, this fund has given a compounding return of 19.6 per cent.
Kotak Smallcap Fund: This Kotak AMC is a Smallcap fund. Talking about the last 15 years, this fund has given a compounding return of 19 per cent. If someone had invested 10 thousand rupees in this fund on a monthly basis, then he would have invested a total of 18 lakhs till now. At the same time, his investment would have been Rs 87 lakh. During this period, the scheme has given returns of about 5 times to the investors.
Invesco India Midcap Fund: This fund is operated by US-based finance company Invesco. This fund has given a compounding return of 18 per cent in the past.
UTI Mid Cap Fund: The fund is run by the state-run financial company UTI AMC. Over the last 15 years, the fund has given a compounding return of 17.5 per cent on an annualized basis.