7 top Index mutual funds with up to 30% returns in 3 years
7 top Index mutual funds with up to 30% returns in 3 years
7 top Index mutual funds with up to 30% returns in 3 years: Index mutual funds track a particular market index. The fund manager of an index fund invest in the same securities as present in the index the fund follows and in the same proportion. These are passive funds with low expense ratio where the fund manager doesn't change the portfolio composition and mimmicks the index. Index funds are considered good for beginners who have little knowledge about mutual funds. Since they follow an index, index funds are also considered a good option for the long term.
Here's is a list of top 7 index mutual funds with up to Rs 1.17 lakh returns in 3 years (data as per the AMFI website):
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Nippon India Nifty Smallcap 250 Index Fund The fund that mimics NIFTY Smallcap 250 Total Return Index has given 29.25% returns in the three-year period. Rs 1 lakh investment in the fund has grown to Rs 216,084.00 in the three-year period.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund The fund that tracks NIFTY Midcap 150 Total Return Index has given 27.33% returns in the last three years. An investor with Rs 1 lakh investment in the fund three years ago would have got Rs 206,574.00 in present time.
Motilal Oswal Nifty Midcap 150 Index Fund The fund that tracks NIFTY Midcap 150 Total Return Index has given 27.23% returns in the three-year period. It means Rs 1 lakh invested in the fund has become Rs 206,574.00 in today's time.
Nippon India Nifty Midcap 150 Index Fund Another fund from Nippon India mimics NIFTY Midcap 150 Total Return Index. It has given 26.97% returns in the three years. An investor with Rs 1 lakh investment in the fund three years ago will get Rs 204,827.00 in today's time.
UTI Nifty200 Momentum 30 Index Fund The fund from UTI that mimics Nifty 200 Momentum 30 Total Return Index has given 25.85% returns in the three years. Rs 1 lakh invested in the fund three years ago has become Rs 202,482.00 as on today.
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund The fund from ABSL that follow NIFTY Smallcap 50 Total Return Index has given 22.81% returns in the three years. One would have got Rs 181,759.00 on an investment of Rs 1 lakh made three years ago.
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