Investing in mutual funds has been a proven strategy for wealth creation over the long term. In India, several mutual funds have demonstrated exceptional performance over the past two decades, rewarding investors with substantial returns. Below, we highlight some of the top-performing mutual funds in India over the last 20 years:
1. Nippon India Growth Fund
- Category: Mid Cap
- Annualized Return: Approximately 27% over 20 years
- Growth: An investment of ₹1 lakh in 2001 would have grown to nearly ₹1.2 crore by 2021.
This fund has been a stellar performer, significantly multiplying investors' wealth over two decades.
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2. Franklin India Prima Fund
- Category: Mid Cap
- Annualized Return: Around 26.1% over 20 years
- Growth: ₹1 lakh invested in 2001 would be approximately ₹1.03 crore by 2021.
As one of the oldest mid-cap funds, it has consistently delivered impressive returns.
3. ICICI Prudential Technology Fund
- Category: Sectoral (Technology)
- Annualized Return: About 24% over 20 years
- Growth: ₹1 lakh invested in 2001 would have grown to ₹74.2 lakh by 2021.
Despite being a sector-specific fund, it has showcased remarkable performance, especially benefiting from the tech boom.
4. SBI Magnum Global Fund
- Category: Thematic (MNCs)
- Annualized Return: Approximately 24% over 20 years
- Growth: An investment of ₹1 lakh in 2001 would be worth ₹74.2 lakh by 2021.
This fund focuses on multinational companies and has delivered substantial returns.
5. SBI Contra Fund
- Category: Contra
- Annualized Return: Around 23.9% over 20 years
- Growth: ₹1 lakh invested in 2001 would have grown to ₹72.2 lakh by 2021.
Following a contrarian investment strategy, this fund has rewarded patient investors handsomely.
Why Consider Investing Through PrimeGrowth.in?
Choosing the right platform for your investments is as crucial as selecting the right funds. PrimeGrowth.in offers several advantages:
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Expert Guidance: A team of experienced professionals provides personalized advice to align your investments with your financial goals.
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Diverse Portfolio: Access to a wide range of mutual funds from leading asset management companies ensures a diversified investment strategy.
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Customer-Centric Approach: Prioritizing your success, PrimeGrowth.in focuses on building long-term relationships and supporting you throughout your financial journey.
By leveraging the expertise and resources of PrimeGrowth.in, you can make informed decisions and optimize your investment portfolio for long-term growth.
Please note that past performance is not indicative of future results. It's essential to assess your risk tolerance and investment objectives before making investment decisions.
Best performing mutual funds last 20 years in india
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