Around six equity mutual funds have delivered over 20% CAGR in the last three, five, and seven year horizons, an analysis by ETMutualFunds showed. Around 185 funds completed seven years of existence in the industry.
These six funds were from two categories only - mid cap and small cap funds. Among these six funds, two funds were from Nippon India Mutual Fund, and one each from Edelweiss Mutual Fund, HDFC Mutual Fund, Invesco Mutual Fund, Quant Mutual Fund.
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Edelweiss Mid Cap Fund delivered a CAGR of 24.41% in the last three years, 20.16% in the last five years, and 21.95% in the last seven years. HDFC Mid Cap Fund offered a CAGR of over 20% in all the three said periods. The fund posted a CAGR of 22.78% in the last three years, 20.53% in the last five years, and 20.50% in the last seven years.
