This underrated fund gained 33 per cent in a year; do you hold it? This underrated fund gained 33 per cent in a year; do you hold it? The average return produced by equity mutual funds during the last one year was 5.4 per cent. Nonetheless, this underrated fund yields returns of 33 per cent. Continue reading to learn more. Henil Shah / Tuesday, September 13, 2022 / Article rating: 4.3 The average return produced by equity mutual funds during the last one year was 5.4 per cent. Nonetheless, this underrated fund yields returns of 33 per cent. Continue reading to learn more.