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20 Years of Returns: Top Funds Revealed
4 Jul
Summary
- Only 50 of 1,209 equity funds completed 20 years.
- Pharma and banking sector funds dominate top performers.
- Nippon India Pharma Fund leads with 19.51% annual return.
A 20-year analysis of 1,209 equity funds revealed that only around 50 have completed two decades of operation, navigating diverse market conditions. These top-performing funds demonstrate a range of annualized returns from 5% to an impressive 19.51%, with a significant majority achieving double-digit growth.
Mid-cap and sectoral funds notably dominate the list of consistent high performers over this extended period. Among the leading funds, three are from Nippon India Mutual Fund, with the Nippon India Pharma Fund achieving the highest annualized return of 19.51%.
Other top contenders include the Nippon India Banking & Financial Services Fund, the HSBC Midcap Fund, Nippon India Growth Mid Cap Fund, and the Bandhan Flexi Cap Fund, all showcasing strong 20-year performance metrics. For instance, the Pharma fund generated 20.03% returns since its launch on June 5, 2004.
Investors are strongly advised against making investment decisions based solely on past performance. Sectoral funds like pharma and banking, and mid-cap funds, carry inherent volatility. A comprehensive evaluation of investment horizon, risk tolerance, and other fund-specific metrics is crucial.
