Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, according to an analysis by ETMutualFunds. The list included funds such as Invesco India Smallcap Fund, TRUSTMF Small Cap Fund, ICICI Prudential Mid Cap Fund and Bank of India Small Cap Fund.
Of the nearly 291 funds considered for the period, 266 delivered positive returns, while 114 generated double-digit returns. Around 25 funds, meanwhile, delivered negative returns on lumpsum investments.
