As November 2023 involves a detailed, traders and monetary fans are wanting to analyse the efficiency tendencies of mutual funds throughout this eventful month.
Furthermore, based on the BankBazaar survey, 54 % of individuals select mutual funds as their most popular monetary funding choice.
Right here we delve into the world of mutual funds and spotlight the top-performing ones in November, primarily based on their previous three and 5 yr returns.
| Fairness mutual funds | 3-year-returns (%) | 5-year-returns (%) |
| Nippon India Massive Cap Fund | 26.03 | 16.33 |
| HDFC Prime 100 Fund | 23.14 | 15.07 |
| ICICI Prudential Bluechip Fund | 21.20 | 16.28 |
| Tata Massive Cap Fund | 20.19 | 14.85 |
| Mahindra Manulife Massive Cap Fund | 19.12 | – |
| Edelweiss Massive Cap Fund | 18.97 | 16.17 |
| Invesco India Massive Cap Fund | 18.69 | 15.21 |
| Aditya Birla Solar Life Frontline Fairness Fund | 18.50 | 14.18 |
| Sundaram Massive Cap Fund | 18.34 | 14.88 |
| Kotak Bluechip Fund | 18.25 | 16.26 |
(Supply: AMFI, information as on November 29)
As we are able to see within the desk above, the very best annualised return of 26.03 % was given by Nippon India Massive Cap Fund whereas the bottom return of 18.25 % was delivered by Kotak Bluechip Fund.
Right here, we give a lowdown on the top-performing fairness mutual funds:
Nippon India Massive Cap Fund: The fund has an AUM of 15855.03 crores and has delivered a CAGR of 15.90 % within the final 5 years. The highest holdings of the fund embrace HDFC Financial institution, ICICI Financial institution, Reliance Industries and State Financial institution Of India.
HDFC Prime 100 Fund: The fund has an AUM of 25422.81 crores and has delivered a CAGR of 15.08 % within the final 5 years. The highest holdings of the fund embrace HDFC Financial institution, ICICI Financial institution, Reliance Industries and ITC.
ICICI Prudential Bluechip Fund: The fund has an AUM of 40078.90 crores and has delivered a CAGR of 16.23 % within the final 5 years. The highest holdings of the fund embrace Treps, ICICI Financial institution, Larsen & Toubro and Reliance Industries.
Whereas previous efficiency doesn’t assure future outcomes, you will need to keep knowledgeable about the most effective funding choices accessible.
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Up to date: 30 Nov 2023, 11:40 AM IST
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