Over 1000 per cent returns: Top three mutual funds with the highest returns of 1205 per cent
It has delivered an outstanding 10-year return of 1108.12 per cent, highlighting the efficacy of its investment strategy.
The recent volatility in the stock markets and deteriorating market breadth have sparked concerns about a potential market crash. However, as Paul Samuelson famously said, "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”. Long-term equity investment has historically proven to be a rewarding journey.
To illustrate this point, let's examine the performance of the top three mutual fund schemes over the last decade with over 1000 per cent returns:
1. Nippon India Small Cap Fund - Direct Plan - Growth:
- Aiming for long-term capital appreciation by investing predominantly in Small-Cap companies, this fund boasts a diversified portfolio and a seasoned management team.
- With an impressive 10-year return of 1205.29 per cent, it demonstrates the potential for substantial gains through equity investment.
2. SBI Small Cap Fund - Direct Plan - Growth:
- Managed by SBI Mutual Fund, this fund focuses on investing in small-cap companies with high growth potential.
- Despite the market fluctuations, it has delivered an outstanding 10-year return of 1108.12 per cent, highlighting the efficacy of its investment strategy.
3. Quant ELSS Tax Saver Fund - Direct Plan - Growth:
- This equity fund, managed by Ankit A. Pande, offers tax-saving benefits while aiming for long-term growth.
- With a commendable 10-year return of 1020.85 per cent, it emphasizes the importance of tax-efficient investing coupled with equity exposure.
These exemplary performances underscore the resilience of equity investments over the long term. While short-term market fluctuations may evoke concerns about a potential crash, history has shown that patient, long-term investors are often rewarded handsomely. So, rather than succumbing to market noise, adopting a prudent approach like watching paint dry may indeed be the key to success in the world of investing.
Disclaimer: The article is for informational purposes only and not investment advice