Top Mutual Funds with Highest 10-year Returns

Top Mutual Funds with Highest 10-year Returns

Investing in mutual funds can be a great way to grow your wealth over the long-term. However, with so many options available, it can be challenging to decide which mutual fund to invest in. One way to evaluate the performance of a mutual fund is by looking at its historical returns. In this blog, we'll explore the highest return mutual funds in India over the last ten years.

Understanding Mutual Funds

Before we dive into the top-performing mutual funds, let's first understand what a mutual fund is.

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a portfolio of stocks, bonds, or other securities. The goal of a mutual fund is to provide investors with a diversified portfolio of securities that can help them achieve their financial goals.

Mutual funds are managed by professional fund managers who invest the pooled money in accordance with the fund's investment objective. 

There are many different types of mutual funds available in India, including equity funds, debt funds, hybrid funds, and more.

Highest Return Mutual Funds in India over the Last 10 Years

Here's a table of the highest return mutual funds in India over the last ten years, along with their fund category, average annual return, and top holdings:

The Canara Robeco Emerging Equities Fund

The Canara Robeco Emerging Equities Fund has provided the highest average annual return over the last ten years among mutual funds in India, with an impressive 25.15% return. This fund primarily invests in small and mid-cap companies with high growth potential.

The Axis Focused 25 Fund

The Axis Focused 25 Fund has also provided strong returns, with an average annual return of 18.74% over the last ten years. This fund has a focused portfolio of up to 25 high conviction stocks, with top holdings including HDFC Bank Ltd, Bajaj Finance Ltd, and Avenue Supermarts Ltd.

The SBI Small Cap Fund

The SBI Small Cap Fund is another fund that has provided impressive returns, with an average annual return of 23.24% over the last ten years. This fund primarily invests in small-cap companies with high growth potential, with top holdings including Alkyl Amines Chemicals Ltd, Radico Khaitan Ltd, and Coforge Ltd.
 

Top Holdings of SBI Small Cap Fund

The Kotak Emerging Equity Fund

The Kotak Emerging Equity Fund has also performed well over the last ten years, with an average annual return of 19.69%. This fund primarily invests in small and mid-cap companies with high growth potential, with top holdings including ICICI Bank Ltd, HDFC Bank Ltd, and Reliance Industries Ltd.

The HDFC Mid-Cap Opportunities Fund

The HDFC Mid-Cap Opportunities Fund focuses on mid-cap companies and has provided an average annual return of 17.39% over the last ten years. This fund has a diversified portfolio of mid-cap stocks, with top holdings including ICICI Bank Ltd, HDFC Bank Ltd, and Axis Bank Ltd.

Top holdings of HDFC Mid-Cap Opportunities Fund:

The Aditya Birla Sun Life Pure Value Fund

The Aditya Birla Sun Life Pure Value Fund invests in undervalued stocks with the potential for long-term growth. This fund has provided an average annual return of 17.61% over the last ten years, with top holdings including Tata Chemicals Ltd, Indian Hotels Co Ltd, and EIH Ltd.

Conclusion

Investing in mutual funds can be a great way to grow your wealth over the long-term. However, it's essential to do your research and select the right mutual funds that align with your investment goals and risk tolerance.

The tables above provides a snapshot of some of the highest return mutual funds in India over the last ten years. 

However, past performance is not a guarantee of future results, and it's essential to consider other factors such as the fund's expense ratio, investment objective, and fund manager's experience before investing.

Before investing in any mutual fund, it's crucial to read the scheme information document (SID) carefully and consult with a financial advisor if required. By doing so, you can make informed investment decisions and achieve your financial goals over the long-term.