Mutual funds gave 960% return to investors in 10 years, these 20 funds did wonders

Everyone wants to earn good returns by investing in the stock market, but the problem is that investing in the stock market is a very risky job. In such a situation, common people get this opportunity to easily invest in the stock market through mutual funds, which is less risky than direct investment in the stock market. Do you know that mutual funds have given a return of 960 percent to people in the last 10 years.

During the 10-year tenure of Prime Minister Narendra Modi’s government, the stock market witnessed a three-fold increase. This has also benefited the returns of mutual fund companies.

10 years accounts

The first term of the Modi government began on 16 May 2014. If we look at the data from then to 27 May 2024, then during this period mutual funds have given tremendous returns to the investors. According to the data of ACE MF, the mutual fund industry has registered very fast growth. In the last 10 years, while the fund base of 195 equity schemes of the country has increased, it has also given tremendous returns. There are about 20 such funds in which investors have got returns of up to 960 percent.

Funds giving highest returns

Two mutual funds investing in small cap fund companies have given the highest returns to the people in the market. According to ET’s report, Nippon India Small Cap Fund has been at the top in this. Which has given a total return of 964.27 percent in the last 10 years. Similarly, the return of SBI Small Cap Fund during this period has been 904.58%.

These are 20 schemes that give tremendous returns