To get better returns on mutual funds, it is important to choose the right fund. However, many investors are unable to choose the right fund and later become disappointed. Therefore, before investing in any fund, definitely check its record. By doing this you will be able to get the right returns
Investment options in India are not easy. This is because there are so many investment products and investment schemes that it becomes difficult for a common investor to choose the right scheme as per their need. Today we are telling you about those 7 mutual funds, which have given excellent returns to investors in the long term. Let’s take a look at those funds. Therefore, it becomes important for an investor to choose the right product.
Scheme launched
1) Franklin India Bluechip-Growth was launched on 1 December 1993.
2) HDFC Top 100 Fund-Growth was launched on 4 September 1996.
3) Franklin India Prima Fund-Growth was launched on December 1, 1993.
4) Nippon India Growth Fund-Reg-Growth was launched on 8 October 1995.
5) Aditya Birla Sun Life Flexi Cap Fund– was launched on 27 August 1998.
6) Franklin India Flexi Cap Fund -Growth was launched on September 19, 1994.
7) HDFC Flexi Cap Fund – Growth was launched on January 1, 1995
Benchmark Index over the years
20-year annual return of Nifty 50 index – 14.92%
Nifty 100 return since November 2005 – 11.9%
Annual return of Nifty 500 – 13.9%
Nifty Midcap 150 Index’s return since September 2016 – 16%