Why invest money in stocks? These 10 mutual fund schemes gave bumper returns up to 60% in 2024

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Why invest money in stocks? These 10 mutual fund schemes gave bumper returns up to 60% in 2024
mutual fund

manner But small investors invest money in stocks for higher returns, but very few investors are able to make money. Most investors keep waiting for the stock to reach its purchase price. At the same time, an average return is expected in mutual funds, but many such mutual fund schemes have worked to change this perception. Actually, investors have got stock-like returns in mutual fund schemes. Today we are telling you about 10 such MF schemes, which have given bumper returns of up to 60% to their investors in the year 2024 or in the last 12 months.

Fund Name Returns in 2024: XIRR(%)
Motilal Oswal Midcap Fund: 60.08
Motilal Oswal Small Cap Fund: 54.72
Motilal Oswal Large and Midcap Fund: 48.72
Bandhan Small Cap Fund: 46.44
Invesco India Midcap Fund: 45.06
LIC MF Small Cap Fund: 40.03
Edelweiss Mid Cap Fund: 39.84
Bandhan Focused Equity Fund: 39.43

Bank of India Small Cap Fund

36.41
Kotak Emerging Equity Fund 35.41

Better performance of these funds also

The largest mid-cap fund by assets under management, HDFC Mid-Cap Opportunities Fund, has delivered returns of 25.93% in 2024. Three flexi cap funds – DSP Flexi Cap Fund, LIC MF Flexi Cap Fund and HDFC Flexi Cap Fund – have given returns on SIP investments at the rate of 22.98%, 22.95% and 22.90% respectively. Parag Parikh Flexi Cap Fund, a flexi cap fund based on managed assets, offered 22.37% XIRR to 2024. The oldest ELSS fund, SBI Long Term Equity Fund gave an XIRR of 20.91% in 2017.

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