12 Equity Mutual Funds with Over Rs 1,000 NAV Offering Up to 24% CAGR Since Inception: Do You Own Any?
As of March 2, 2026, a selection of 12 equity mutual funds boasts a net asset value (NAV) exceeding Rs 1,000, delivering impressive compound annual growth rates (CAGR) of up to 24% since their respective inception dates. These funds span five diverse categories: midcap, flexicap, ELSS, largecap, and large & midcap funds, each providing double-digit returns of over 17%.
Overview of These High-Performing Equity Mutual Funds
– Fund Categories: The schemes fall into five main categories:
– Midcap
– Flexicap
– Equity Linked Savings Scheme (ELSS)
– Largecap
– Large & Midcap
– Market Presence:
– Duration: 11 of the 12 funds have been in the market for over 25 years.
– Notable Exception: Sundaram Mid Cap Fund, with approximately 23.64 years in the market.
Top Performers in the Market
The analysis identifies top-performing funds and their respective achievements:
– Nippon India Growth Mid Cap Fund:
– NAV: Rs 4,312.44
– Inception: October 1995
– CAGR: 22.08%
– Franklin India Mid Cap Fund:
– NAV: Rs 2,694.46
– Duration: 32.27 years
– CAGR: 18.94%
– HDFC Flexi Cap Fund (formerly HDFC Equity Fund):
– NAV: Rs 2,060.13
– Duration: 31.19 years
– CAGR: 18.64%
– Aditya Birla SL Flexi Cap Fund:
– NAV: Rs 1,849.36
– CAGR: 20.88%
– Nippon India Vision Large & Mid Cap Fund:
– NAV: Rs 1,482.64
– CAGR: 17.87%
– Franklin India ELSS Tax Saver Fund:
– NAV: Rs 1,449.77
– Duration: 26.92 years
– CAGR: 20.32%
Additional Highlights
– HDFC ELSS Tax Saver:
– NAV: Rs 1,424.90
– Duration: 29.94 years
– CAGR: 22.78%
– Sundaram Mid Cap Fund:
– NAV: Rs 1,423.13
– CAGR: 23.35%
– HDFC Large Cap Fund:
– NAV: Rs 1,159.02
– CAGR: 18.29%
– ICICI Prudential Large & Mid Cap Fund:
– NAV: Rs 1,034.42
– CAGR: 18.26%
– Franklin India Large Cap Fund:
– NAV: Rs 1,025.37
– CAGR: 18.61%
Important Insights
– Performance Measurement: This analysis excludes sectoral, thematic, and equity-oriented hybrid funds and focuses solely on regular and growth options.
– Investment Considerations: Selecting a fund should depend on an individual’s risk tolerance, investment goals, and time horizon.
Closing Thoughts
The landscape of equity mutual funds offers a treasure trove for savvy investors. With 12 equity mutual funds showcasing impressive performance, it’s crucial to evaluate your portfolio. Do you hold any of these high-performing funds? Remember, thorough consideration of your investment strategy is key before making any adjustments to your holdings.
Disclaimer: The information provided here is for educational purposes only and does not constitute financial advice. Always consult a financial advisor before making investment decisions.