Mutual Funds: These funds performed well in the last 6 months, gave excellent returns


Mutual Funds: After showing some signs of panic in the month of July, the equity market has once again started moving in a bullish direction. The benchmark equity index has gained up to 8.5 per cent in the month of August. This has helped the major indices gain 16 per cent in the last six months. Nevertheless, the broad market-based stock indices, IT and Metal, gave returns of over 25 per cent, 35 per cent and 45 per cent, respectively.

When it comes to the performance of mutual funds, funds dedicated to IT and small-cap stocks top the charts, while funds dedicated to the banking sector perform the worst.

Average returns across categories:

  • IT (65%)
  • Small Cap (39%)
  • Pharma (25.39%)
  • Energy (24.32%)
  • DIV Y (23.97%)
  • Multi-cap (22.65%)
  • Mid Cap (22.28%)
  • Infra (21.62%)
  • Large & Mid-cap (21.00%) ESG (20.99%)
  • THEMATIC (20.05%)
  • Consumption (19.91%)
  • Flexi-cap (19.24%)
  • MNC (18.89%)
  • ELSS (18.73%)
  • Price (18.63%)
  • Large Cap (17.59%)
  • PSU (11.34%)
  • International (7.06%)
  • Banks (5.52%)

When it comes to individual funds, there are around nine funds that gave more than 40 per cent returns. Most of these are IT and small-cap dedicated funds.

  • Quant Small Cap Fund Direct Plan 24% Return (Small Cap)
  • ICICI Prudential Technology Fund – Direct Plan 01% Return (IT)
  • ICICI Prudential Commodities Fund – Direct Plan 48.00% Return (THEMATIC)
  • SBI Technology Opportunities Fund – Direct Plan 46.57% Return (IT)
  • Tata Digital India Fund – Direct Plan 44.57% Return (IT)
  • Aditya Birla Sun Life Digital India Fund – Direct Plan 42.60% (IT)
  • SBI ETF IT 42.09% Return (IT)
  • Nippon India ETF Nifty IT 97% Return (IT)
  • ICICI Prudential IT ETF 41.77 97% Return (IT)

(Investment advice in any fund is not being given by ABP News here. The information given here is for informational purposes only. Mutual fund investments are subject to market risk, read all scheme documents carefully. NAV can fluctuate depending on the factors and forces influencing the security market including interest rate fluctuations.The past performance of a mutual fund may not necessarily reflect the future performance of the schemes. The mutual fund does not guarantee or guarantee any dividend under any of the schemes and is subject to the availability and adequacy of distributable surplus. Investors are advised to carefully review the prospectus and seek specific legal, tax and scheme You are requested to seek expert professional advice regarding the financial implications of investing/participating in

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