Mutual fund SIP investors had a tough time throughout the year. Some even got returns of up to 60 percent in 2024. Most of the funds earned more than 50 percent. More than 150 funds gave more than 20 percent returns. Investors suffered losses in only one mutual fund scheme.
On investment in SIP till January 1, 2024, Motilal Oswal Midcap Fund gave returns of 60.08 percent and Motilal Oswal Smallcap Fund gave returns of 54.72 percent. Similarly, Motilal ELSS Tax Saver Fund earned 49.23 percent and Motilal Oswal Large and Midcap Fund earned 48.72 percent during the same period. In this series, Bandhan Small Cap Fund earned 46.44 percent and Motilal Oswal Flexi Cap Fund earned 45.99 percent.
Schemes launched in the last three years have given better returns
Mutual fund schemes launched within the last one to three years have given better returns. HDFC Pharma and Healthcare Fund has given 54.12 percent return on one year SIP. Whereas, those who invested lump sum got 53.62 percent return in one year. ICICI Prudential PSU Equity Fund has given 44.25 percent annual return on two-year SIP.
HDFC Defense Fund has given 70 percent return on one year SIP. Whereas, those who invested lump sum have got 82.43 percent annual return in one year and 80.24 percent annual return since its launch. SBI Nifty Next 50 Index Fund has given 29.13 percent annual return on 3 year SIP. Whereas those who made lump sum investment got returns at the rate of 58.26 percent per annum in one year. These schemes have become popular as soon as they came into the market. These are giving competition to all the big schemes already running on the return chart of one to three years.
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