Around seven equity mutual funds have delivered over 25% CAGR in the last three years, an analysis by ETMutualFunds showed. Of the 246 funds evaluated during this period, the top performers included prominent schemes such as the Bandhan Small Cap Fund and the ICICI Prudential Midcap Fund.
The Bandhan Small Cap Fund delivered the highest CAGR of 30.24% over the three-year period, followed by four midcap funds. The HSBC Midcap Fund posted a CAGR of 26.55%, while the ICICI Prudential Midcap Fund delivered 25.92% over the same period.
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Invesco India Midcap Fund and WOC Mid Cap Fund delivered CAGRs of 25.58% and 25.34%, respectively, over the last three years.
ITI Small Cap Fund delivered a CAGR of 25.27% during the same period, followed by Motilal Oswal Large & Midcap Fund, which posted a CAGR of 25.19%.
Other funds in the list
The remaining 239 funds delivered CAGRs ranging from 2.01% to 24.95% over the past three years, with Nippon India Growth Mid Cap Fund topping this cohort at 24.95%.
Sundaram Mid Cap Fund and Mahindra Manulife Mid Cap Fund delivered 23.92% each, while HDFC Mid Cap Fund—the largest midcap fund by assets—posted a CAGR of 22.90%.
Nippon India Small Cap Fund, the largest smallcap fund by assets, delivered 20.93%, while SBI ELSS Tax Saver Fund, the oldest ELSS scheme, posted 20.36%.
Quant Small Cap Fund delivered 19.99%, followed by ICICI Pru Focused Equity Fund and Franklin India Mid Cap Fund at 19.94% each. SBI Focused Fund and HDFC Flexi Cap Fund returned 18.60% each.
Parag Parikh Flexi Cap Fund, the largest flexicap fund by assets, posted 16.78%, while Quant Mid Cap Fund delivered 16.55%.
SBI Contra Fund, the oldest and largest contra fund, returned 16.23%. Four funds—Bank of India Large & Mid Cap Fund, Canara Rob Small Cap Fund, SBI Large & Midcap Fund, and JM Focused Fund, delivered 15.94% each.
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Kotak Small Cap Fund delivered a CAGR of 15.09% over the last three years, while SBI Small Cap Fund offered 14.05% during the same period. UTI Large Cap Fund was the last to post a double-digit return, delivering a CAGR of 10.44%.
Axis Large Cap Fund delivered a CAGR of 9.97% over the 3-year period. Samco ELSS Tax Saver Fund and Samco Flexi Cap Fund were the lowest performers on the list, delivering CAGRs of 6.09% and 2.01%, respectively.
Note: This exercise is not a recommendation. It is based on an analysis of equity mutual funds that delivered over 25% CAGR in the last three years. Investors should not make investment or redemption decisions based on this alone.
Investors should choose funds based on their risk appetite, investment horizon, and financial goals.
Disclaimer: Recommendations, suggestions, views, and opinions expressed by experts are their own and do not represent the views of The Economic Times.
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