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ULIP INSURANCE

Which Mutual Funds Are The Top Performers In Last 3 And 5 Years?

Joan Mathews Joan Mathews 07 May 2019
5.0 (2 votes)

Looking for the best mutual funds to invest in? Find out the top schemes in India on the basis of their 3- and 5-year returns.

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Mutual funds are fast becoming a preferred investment option for many investors. Data by Association of Mutual Funds in India has shown that the amount collected through SIPs in February 2019 totalled Rs. 8,095 crores. For retail investors (individual investors), MFs are a great way to invest, since they allow for risk diversification, liquidity and offer the benefit of professional management by fund managers.

Now, considering that there are numerous fund houses in India, offering different investment plans, one can find it difficult to determine which would be the right scheme to park money in. To simplify this task, we have listed some of the top performing mutual funds in the country, on the basis of 3 year and 5-year returns.

Top Mutual Fund Schemes - 3-Year Return

Equity: Large Cap

Fund Name3-Year Return (%)
JM Core 11 Fund20.80
Reliance ETF NV2017.45
HDFC Top 100 Fund17.06

Equity: Large & MidCap

Fund Name3-Year Return (%)
Mirae Asset Emerging Bluechip Fund - Regular Plan20.97
Canara Robeco Emerging Equities Fund - Regular Plan18.19
Principal Emerging Bluechip Fund16.86

Equity: Multi Cap

Fund Name3-Year Return (%)
Mirae Asset India Equity Fund - Regular Plan17.74
Axis Focused 25 Fund16.96
Tata Retirement Savings Fund - Progressive Plan - Regular Plan16.76

Equity: Mid Cap

Fund Name3-Year Return (%)
L&T Midcap Fund17.42
Axis Midcap Fund16.57
Taurus Discovery (Midcap) Fund - Regular Plan16.10

Equity: Small Cap

Fund Name3-Year Return (%)
L&T Emerging Businesses Fund20.75
HDFC Small Cap Fund - Regular Plan20.55
Reliance Small Cap Fund17.81

Equity: Value Oriented

Fund Name3-Year Return (%)
Tata Equity PE Fund - Regular Plan18.25
Invesco India Contra Fund17.81
Kotak India EQ Contra Fund - Regular Plan16.82

Equity: ELSS

Fund Name3-Year Return (%)
Mirae Asset Tax Saver Fund - Regular Plan21.53
Motilal Oswal Long Term Equity Fund - Regular Plan17.00
HDFC Long Term Advantage Fund16.42

Debt: Medium to Long Duration

Fund Name3-Year Return (%)
SBI Magnum Income Fund7.88
ICICI Prudential Debt Management Fund7.86
ICICI Prudential Bond Fund - Institutional Plan7.19

Debt: Medium Duration

Fund Name3-Year Return (%)
Franklin India Income Opportunities Fund9.20
SBI Magnum Medium Duration Fund9.07
Axis Strategic Bond Fund8.55

Debt: Short Duration

Fund Name3-Year Return (%)
Franklin India Short Term Income Plan - Institutional Plan9.90
Franklin India Short Term Income Plan - Retail Plan9.47
Baroda Short Term Bond Fund8.10

Debt: Ultra Short Duration

Fund Name3-Year Return (%)
Franklin India Ultra Short Bond Fund - Super Institutional Plan8.97
Franklin India Ultra Short Bond Fund - Institutional Plan8.65
Franklin India Ultra Short Bond Fund - Retail Plan8.43

Debt: Liquid

Fund Name3-Year Return (%)
Essel Liquid Fund7.27
Baroda Liquid Fund7.25
DHFL Pramerica Insta Cash Fund7.23

Debt: Money Market

Fund Name3-Year Return (%)
Essel Liquid Fund7.27
Baroda Liquid Fund7.25
DHFL Pramerica Insta Cash Fund7.23

Debt: GILT

Fund Name3-Year Return (%)
L&T Money Market Fund8.01
Aditya Birla Sun Life Money Manager Fund - Retail Plan7.50
Aditya Birla Sun Life Money Manager Fund7.49

Hybrid: Aggressive Hybrid

Fund Name3-Year Return (%)
Principal Hybrid Equity Fund16.36
HDFC Retirement Savings Fund - Hybrid Equity Plan - Regular Plan15.74
Tata Retirement Savings Fund - Moderate Plan - Regular Plan14.97

Top Mutual Fund Schemes - 5-Year Return

Equity: Large Cap

Fund Name5-Year Return (%)
JM Core 11 Fund17.42
Reliance Large Cap Inst17.03
Reliance ETF Junior BeES16.83

Equity: Large & MidCap

Fund Name5-Year Return (%)
Mirae Asset Emerging Bluechip Fund - Regular Plan 25.48
Canara Robeco Emerging Equities Fund - Regular Plan 24.91
Principal Emerging Bluechip Fund21.14

Equity: Multi Cap

Fund Name5-Year Return (%)
SBI Focused Equity Fund 18.72
Kotak Standard Multicap Fund Regular Plan18.65
Quant Active Fund 18.57

Equity: Mid Cap

Fund Name5-Year Return (%)
Kotak Emerging Equity Scheme Regular Plan 22.69
L&T Midcap Fund 22.52
DSP Midcap Fund - Regular Plan20.59

Equity: Small Cap

Fund Name5-Year Return (%)
SBI Small Cap Fund27.81
Reliance Small Cap Fund24.89
Franklin India Smaller Companies Fund20.58

Equity: ELSS

Fund Name5-Year Return (%)
Quant Tax Plan20.12
Aditya Birla Sun Life Tax Relief 9618.36
Tata India Tax Savings Fund18.22

Debt: Medium to Long Duration

Fund Name5-Year Return (%)
ICICI Prudential Debt Management Fund 9.35
ICICI Prudential Bond Fund - Institutional Plan 8.79
SBI Magnum Income Fund8.43

Debt: Medium Duration

Fund Name5-Year Return (%)
SBI Magnum Medium Duration Fund9.95
Axis Strategic Bond Fund 9.39
Franklin India Income Opportunities Fund9.09

Debt: Short Duration

Fund Name5-Year Return (%)
Franklin India Short Term Income Plan - Institutional Plan9.63
Franklin India Short Term Income Plan - Retail Plan 9.21
Aditya Birla Sun Life Short Term Opportunities Fund 8.49

Debt: Ultra Short Duration

Fund Name5-Year Return (%)
Franklin India Ultra Short Bond Fund - Super Institutional Plan9.27
Franklin India Ultra Short Bond Fund - Institutional Plan8.91
Franklin India Ultra Short Bond Fund - Retail Plan8.69

Debt: Liquid

Fund Name5-Year Return (%)
Franklin India Liquid Fund - Super Institutional Plan 7.83
Essel Liquid Fund7.81
JM Liquid Fund 7.79

Debt: Money Market

Fund Name5-Year Return (%)
L&T Money Market Fund 8.15
Invesco India Money Market Fund 7.96
Aditya Birla Sun Life Money Manager Fund 7.94

Debt: GILT

Fund Name5-Year Return (%)
Reliance Gilt Securities Fund Institutional 10.49
Aditya Birla Sun Life Government Securities Fund 10.38
Reliance Gilt Securities Fund10.38

Hybrid: Aggressive Hybrid

Fund Name5-Year Return (%)
Tata Retirement Savings Fund - Moderate Plan - Regular Plan18.50
HDFC Hybrid Equity Fund 16.02
Canara Robeco Equity Hybrid Fund - Regular Plan 15.25

(Data has been sourced from Value Research as on 28 March 2019)

Mutual Fund Investment to Cost Less

In recent times, the Securities and Exchange Board of India has been taking measures to lower mutual fund expense and make the structure more transparent. As a result, the cost of direct and regular investment plans has come down, which is good news for investors as lower costs would mean better returns over the long term.

According to an article by the Economic Times, direct investment plans of some schemes have seen expenses being reduced by up to 100 basis points. Some have witnessed more than a 50% cut in expense in October 2018, compared to that of the earlier month. The rule changes are being applauded by investors, considering that actively managed funds would now be available at very affordable rates.

Recommended Read: How will I Make Right Mutual Funds Investment?

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5.0 (2 votes)
Joan Mathews
Written by Joan Mathews
Joan has over 4 years of experience writing for the BFSI industry. She enjoys watching mystery TV series, listening to 80s classics and spending time with her furbabies.