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SBI Mutual Fund | Nifty and Sensex reached new highs on August 1. Nifty crossed the 25,000 mark for the first time. Sensex touched the 82,000 mark for the first time. It took about 29 years for Nifty to reach 25,000 points. During this period, the compound annual return of Nifty has been 13.4%. Mutual fund investors have also benefited from the market rally in the last few years. Let's take a look at 10 such mutual funds that give tremendous returns to investors.

Parag Parikh Flexi Cap Fund
The mutual fund was launched on May 28, 2013. It is a flexi cap fund. This means the freedom to invest in shares of companies with low and high market capitalization. The 5-year and 10-year CAGR returns of the fund are 26% and 18.4%, respectively. If you had started a monthly SIP of Rs 10,000 in this fund 10 years ago, your money would have been Rs 35.6 lakh today.

HDFC Midcap Opportunities Fund
This fund was launched on June 25, 2007. It is a midcap fund. This means that the fund invests only in shares of mid-cap companies. This fund has a CAGR return of 30.7% and 20.7% in 5 years and 10 years respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have grown to Rs 39.8 lakh today.

ICICI Prudential Bluechip Fund
This fund was launched on May 23, 2008. It is a large-cap fund. This means that the fund invests only in shares of large-cap companies. Its CAGR returns over 5 years and 10 years are 21.6% and 15.5% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have been Rs 30.5 lakh today.

HDFC Flexi Cap Fund
This fund was launched on January 1, 1995. It is a flexicap fund. The CAGR return of the fund in 5 years and 10 years is 23.5% and 16.1% respectively. This means that if you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have been Rs 33.7 lakh today.

Nippon India Small Cap Fund
This fund was launched on September 16, 2010. It is a smallcap fund. This means that the fund invests only in shares of smallcap companies. The 5-year and 10-year CAGR returns of the fund are 38.1% and 25.3% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, it would have been Rs 51.2 lakh.

Mirae Asset Large Cap Fund
This fund was launched on April 4, 2008. It is a large-cap fund. This means that the fund invests only in shares of large-cap companies. The CAGR return of the fund in 5 years and 10 years is 17.6% and 15.3% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have grown to Rs 27 lakh today.

SBI Bluechip Fund
This fund was launched on January 20, 2006. It is a blue chip fund. This means that the fund invests only in shares of blue chip companies. The CAGR return of the fund in 5 years and 10 years is 18.9 per cent and 14.8 per cent respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have been Rs 27.1 lakh today.

Kotak Emerging Equity Fund
This fund was launched on March 30, 2007. The CAGR return of the fund in 5 years and 10 years is 29.7% and 21.5% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have grown to Rs 39 lakh today.

ICICI Prudential Value Discovery Fund
This fund was launched on August 16, 2004. Its CAGR return in 5 years and 10 years is 26.7% and 17.4% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have been Rs 34.6 lakh today.

Kotak Flexicap Fund
This fund was launched on May 23, 2008. It is a large-cap fund. This means that it invests only in shares of large-cap companies. Its CAGR returns over 5 years and 10 years are 21.6% and 15.5% respectively. If you had started a monthly SIP of Rs 10,000 in this scheme 10 years ago, your money would have been Rs 30.5 lakh today.

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News Title : SBI Mutual Fund 06 August 2024