1) Axis Bluechip Fund Direct-Growth
Axis Bluechip Fund Direct Plan-Growth is an Equity Mutual Fund Scheme launched by Axis Mutual Fund and is the Highest Return Mutual Fund in Last 5 Years. The scheme aims to generate long-term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity-related instruments of large-cap companies.
2) Canara Robeco BlueChip Equity Fund Direct-Growth
Canara Robeco Bluechip Equity Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Canara Robeco Mutual Fund and is well-known as the Best Return Mutual Fund in Last 5 Years. The fund seeks to provide capital appreciation by predominantly investing in companies having a large market capitalization.
Canara Robeco Large cap fund is named to reflect the investment strategy, which is mainly focused on a portfolio that would be concentrated on investing in any of the top 150 stocks ranked on the basis of market capitalization.
3) PGIM India Mid-Cap Opportunities Fund Direct-Growth
PGIM India Midcap Opportunities Fund Direct-Growth is an Equity Mutual Fund Scheme launched by PGIM India Mutual Fund. The scheme seeks to achieve long-term capital appreciation by predominantly investing in equity & equity-related instruments of mid-cap companies.
4) Axis Mid-Cap Direct-Plan-Growth
Axis Midcap Direct Plan-Growth is an Equity Mutual Fund Scheme launched by Axis Mutual Fund. The scheme seeks to achieve long-term capital appreciation by investing predominantly in equity & equity-related instruments of Mid Cap companies.
5) Nippon India Small Cap Fund Growth
India Small-Cap Fund-Growth is an Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small-cap companies.
6) SBI Small Cap Fund Direct-Growth
SBI Small Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by SBI Mutual Fund. The scheme seeks to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of small-cap companies.
7) Parag Parikh Flexi-Cap Fund Direct-Growth
Parag Parikh Flexi Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by PPFAS Mutual Fund. The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity-related instruments.
8) PGIM India Flexi-Cap Fund Direct-Growth
PGIM India Flexi Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by PGIM India Mutual Fund. The scheme seeks to generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity-related instruments including derivatives.
9) Quant Tax Plan-Growth
Quant Tax Plan-Growth is an Equity Mutual Fund Scheme launched by Quant Mutual Fund. The scheme aims to generate capital appreciation by investing predominantly in equity shares with growth potential.
The secondary objective is to give dividends and other income.
10) Mirae Asset Tax Saver Fund Direct-Growth
Mirae Asset Tax Saver Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
Conclusion
This was the list of the top 10 mutual funds in last 5 years To conclude, Mutual Funds are an excellent starting point for investors seeking exposure to the securities or commodity markets. However, returns should not be the only factor considered before selecting a category or sub-category.