Best performing funds in last 3 months
The last three months have been exceptionally good for the equity market. The equity indices have gained continuously for the last three months. During this period, Nifty 50 and BSE Sensex has gained by almost 17 per cent each. The mid-cap and small-cap index has performed even better. Indices dedicated to mid-cap and small-cap have given a return of 21 per cent and 28 per cent, respectively. The funds dedicated to these market caps performed better than the indices. For example, small-cap dedicated funds in the last three months have given a return of 37.26 per cent on average.
|
Category
|
Average Return (%)
3 months
|
|
Small Cap
|
37.26
|
|
Sectoral - Auto
|
30.92
|
|
Sectoral - Technology
|
30.69
|
|
Sectoral - Energy / Power
|
28.39
|
|
Mid Cap
|
28.15
|
|
Sectoral - Financial Services
|
26.67
|
|
Value / Contra
|
25.43
|
|
Sectoral - Pharma
|
24.08
|
|
Large & Mid Cap
|
23.93
|
|
Sectoral - Infrastructure
|
23.90
|
|
Thematic - Dividend Yield
|
23.68
|
|
Index Funds
|
23.28
|
|
Tax Saving (ELSS)
|
23.19
|
|
Thematic
|
22.52
|
|
Multi Cap
|
22.01
|
|
Large Cap
|
20.20
|
|
Thematic - Consumption
|
19.15
|
|
Thematic - MNC
|
18.25
|
|
International
|
11.65
|
When it comes to individual funds, they have performed far better than the category average. Following is the list of funds that have generated the best returns in the last three months. In the large-cap category, Nippon India has generated the best return, followed by Mirae Asset Large-Cap.
|
Best large-cap fund in the last three months
|
|
Funds
|
Fund Manager
|
AUM(in Rs cr)
|
Expense Ratio
(%)
|
NAV
|
Return(%)
3 months
|
|
Nippon India Large Cap Fund(G)
|
Sailesh Raj Bhan
|
10237.5
|
1.83
|
32.4
|
26.42
|
|
Mirae Asset Large Cap Fund-Reg(G)
|
Gaurav Misra
|
17650
|
1.66
|
53.06
|
24.98
|
|
Edelweiss Large Cap Fund(G)
|
Bharat Lahoti
|
188.3
|
2.44
|
37.12
|
23.28
|
|
Aditya Birla SL Frontline Equity Fund(G)
|
Mahesh Patil
|
17480.2
|
1.84
|
223.88
|
22.86
|
|
SBI BlueChip Fund-Reg(G)
|
Sohini Andani
|
21980.3
|
1.69
|
40.2
|
22.58
|
Multi-cap funds have generated returns similar to the large-cap funds and Parag Parikh Long Term Equity fund has remained the best performing fund.
|
Best multi-cap fund in the last three months
|
|
Funds
|
Fund Manager
|
AUM(in Rs cr)
|
Expense Ratio
(%)
|
NAV
|
Return (%)
3 months
|
|
Parag Parikh Long Term Equity Fund-Reg(G)
|
Rajeev Thakkar
|
4014.3
|
1.97
|
31.6
|
26.68
|
|
Quant Active Fund(G)
|
Ankit Pande
|
16.2
|
2.48
|
222.71
|
35.51
|
|
Taurus Ethical Fund-Reg(G)
|
Prasanna Pathak
|
41.6
|
2.3
|
58.12
|
19.27
|
|
SBI Focused Equity Fund-Reg(G)
|
R. Srinivasan
|
9506.3
|
1.76
|
153.42
|
22.28
|
|
UTI Equity Fund-Reg(G)
|
Ajay Tyagi
|
10581
|
1.99
|
157.86
|
25.32
|
The best performing mid-cap funds have generated returns in excess of 30 per cent in the last three months and ICICI Prudential MidCap Fund has been the best performing fund.
|
Best mid-cap fund in the last three months
|
|
Funds
|
Fund Manager
|
AUM(in Rs cr)
|
Expense Ratio
(%)
|
NAV
|
Return (%)
3 months
|
|
ICICI Pru Midcap Fund(G)
|
Prakash Gaurav Goel
|
1739.6
|
2.23
|
95.81
|
35.46
|
|
PGIM India Midcap Opp Fund-Reg(G)
|
Aniruddha Naha
|
194.1
|
2.49
|
22.1
|
33.62
|
|
Nippon India Growth Fund(G)
|
Manish Gunwani
|
6508.6
|
1.95
|
1194.48
|
33.15
|
|
Aditya Birla SL Midcap Fund(G)
|
Anil Shah
|
2136.9
|
2.26
|
272.89
|
32.16
|
|
HDFC Mid-Cap Opportunities Fund(G)
|
Chirag Setalvad
|
20544.4
|
1.72
|
56.13
|
32.1
|
The star performer of equity fund during the last three months is small-cap dedicated fund, which has delivered returns in excess of 40 per cent.
|
Best Small Cap Fund in Last Three Months
|
|
Funds
|
Fund Manager
|
AUM(in Rs cr)
|
Expense Ratio
(%)
|
NAV
|
Return (%)
3 months
|
|
ICICI Pru Smallcap Fund(G)
|
Sankaran Naren
|
1199.4
|
2.22
|
26.35
|
44.23
|
|
DSP Small Cap Fund-Reg(G)
|
Vinit Sambre
|
4650.3
|
1.98
|
60.19
|
42.98
|
|
Nippon India Small Cap Fund(G)
|
Samir Rachh
|
8321.9
|
2.13
|
42.54
|
40.89
|
|
HDFC Small Cap Fund-Reg(G)
|
Chirag Setalvad
|
7850.5
|
1.97
|
39.2
|
40.78
|
|
Kotak Small Cap Fund(G)
|
Pankaj Tibrewal
|
1493.6
|
2.15
|
78.75
|
39.75
|
One of the peculiarities of the above list is that the funds from Axis AMC are conspicuous by their absence. They have not appeared in the list of top five funds even in a single category.