Introduction:
Mutual fund investors in 2024 saw exceptional performance across different categories. Equity funds capitalised on market rallies; debt funds ensured stability, and hybrid funds provided balanced growth. Let’s dive into their standout performance.
Mutual Fund Category | Fund/Scheme Name | Returns (1 Yr) |
Mid Cap Equity Mutual Funds | Motilal Oswal Midcap Fund | 61.30% |
Invesco India Mid Cap Fund | 49.99% | |
HSBC Mid Cap Fund | 47.32% | |
Aggressive Hybrid Mutual Funds | JM Aggressive Hybrid Fund | 33.31% |
Invesco India Aggressive Hybrid Fund | 32.01% | |
Kotak Equity Hybrid Fund | 26.58% | |
Dynamic Bond Funds | Bandhan Dynamic Bond Fund | 11.16% |
DSP Strategic Bond Fund | 10.97% | |
PGIM India Dynamic Bond Fund | 10.43% |
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Mid Cap Equity Mutual Funds
Motilal Oswal Midcap Fund
Motilal Oswal Midcap Fund delivered a 61.30% return over the past year, with 99.39% of its investments in domestic equities, including large, mid, and small-cap stocks. It’s ideal for investors seeking high returns over a 3 to 4 year horizon.
Invesco India Mid Cap Fund
Invesco India Mid Cap Fund delivered a 49.99% return over the past year, with 99.03% of its investments in domestic equities, including large, mid, and small-cap stocks. It’s suited for investors seeking high returns with moderate risk over 3 to 4 years.
HSBC Mid Cap Fund
HSBC Mid Cap Fund delivered a 47.32% return over the past year, with 98.3% of its investments in domestic equities, including large, mid, and small-cap stocks. It’s suitable for investors seeking high returns over 3 to 4 years, though moderate losses are possible.
Aggressive Hybrid Mutual Funds
JM Aggressive Hybrid Fund
JM Aggressive Hybrid Fund delivered a 33.31% return for the past year, with 74.99% invested in equities and 19.12% in debt. It includes large, mid, and small-cap stocks, along with government and low-risk securities. Ideal for investors seeking equity growth and debt stability.
Invesco India Aggressive Hybrid Fund
Invesco India Aggressive Hybrid Fund delivered a 32.01% return over the past year, with 65.5% invested in equities and 30.19% in debt, including government and low-risk securities. Ideal for investors seeking balance between growth and stability.
Kotak Equity Hybrid Fund
Kotak Equity Hybrid Fund delivered a 26.58% return over the past year, with 76.35% invested in equities and 22.54% in debt, including government and low-risk securities. Ideal for investors seeking balanced growth.
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Dynamic Bond Funds: Debt
Bandhan Dynamic Bond Fund
Bandhan Dynamic Bond Fund delivered an 11.16% return over the past year, with 96.79% invested in government securities. It’s ideal for investors seeking low-risk, long-term growth with less exposure to other funds.
DSP Strategic Bond Fund
DSP Strategic Bond Fund delivered a 10.97% return over the past year, with 99.32% invested in debt, including 88.06% in government securities and 11.26% in low-risk securities. Ideal for investors seeking low-risk, long-term growth.
PGIM India Dynamic Bond Fund
PGIM India Dynamic Bond Fund delivered a 10.43% return over the past year, with 91.39% invested in debt, including 80.52% in government securities and 10.87% in low-risk securities. Ideal for investors seeking low-risk, long-term growth.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.