Mutual Funds Top 12 SIP Performers in Narendra Modi’s 12 Years: Investor participation in India’s capital markets has grown significantly during the 12 years of the Narendra Modi government. During this period, mutual funds have emerged as one of the most popular investment avenues. The number of mutual fund folios held by retail investors has surged from around 4 crore to over 20 crore in these 12 years. A key reason behind this growth is the attractive returns that mutual funds have delivered to investors.
Looking at the Modi era, several equity mutual fund schemes have generated annual SIP returns of 18% or more. We have selected the top 12 SIP performers over the last 12 years, which have delivered a strong 19% to 22% CAGR through SIP investments during this period. The list includes schemes from various categories and investment themes.
Quant ELSS Tax Saver Fund
Quant Infrastructure Fund
Invesco India Midcap Fund
Invesco India Infrastructure Fund
Nippon India Growth Mid Cap Fund
(source: AMFI, Value Research)
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
