Here are the top five mutual fund schemes where investors have poured the highest money in the last financial year.
Inflows: Rs 9,115 cr Exposure to the top global firms sets it apart. It has returned 18.22% in the past 5 yrs beating its benchmark (Nifty 500 TRI ) which returned 11.52%.
Inflows: Rs 4,974 cr One of the best-managed mid-cap funds, it has returned 15.16% in the past 5 yrs, beating its benchmark (Nifty Midcap 150 TRI) which has given 12.43%.
Inflows: Rs 4,085 cr This contra fund is a consistent high performer. It has returned over 50% in CY22, beating its benchmark (S&P BSE 500 TRI) by a huge margin.
Inflows: Rs 3,904 cr It’s the largest small cap fund. In CY22 it returned 74.38%, beating its benchmark (Nifty Smallcap 250 TRI) which gave 61.69%.
Inflows: Rs 3,661 cr The fund was launched in FY23. There’s limited performance history. It was one of the biggest NFOs in recent times.
Next Story: 3 Easy Options To Pick Your First Mutual Fund
Thanks For Reading