Investing in mutual funds nowadays comes under the category of smart investment, but the most important thing for this is choosing the right fund and patience for a long period. If you have chosen a good mutual fund and invested in it regularly, then your money can grow rapidly. In this report, we will try to understand in how much time your money can double, quintuple or tenfold, assuming 15 percent annual return (CAGR).
Is 15 percent CAGR return possible?
Financial experts believe that a return of 15 percent can be achieved from mutual funds in the long run, provided investors continue to invest with discipline and do not make the mistake of taking profits early. This is not an estimate, there are many funds that have given more than this return in the last 10 years.
Top large cap funds that have given more than 15 percent return in 10 years
Large cap funds generally invest in companies that are reliable, stable and blue-chip. For example, Quant Focused Fund has given a return of 15.52 percent in 10 years, while its 3 and 5 year returns have been 19.82 percent and 27.17 percent. Similarly, Nippon india Large Cap Fund has given a return of 15.09 percent in 10 years, 24.14 percent in 3 years and 29.83 percent in 5 years. At the same time, Canara Robeco Bluechip Equity Fund is also not far behind. It has given a return of 15.04 percent in 10 years, 23.67 percent in 5 years and 19.18 percent in 3 years.
Flexi cap funds perform even better
Flexi cap funds invest in different categories according to market conditions, which can improve returns. Quant Flexi Cap Fund has given a return of 19.81 percent in 10 years, 35.30 percent in 5 years and 23.44 percent in 3 years. Parag Parikh Flexi Cap Fund has given a return of 18.25 percent in 10 years, 28.41 percent in 5 years and 22.97 percent in 3 years. JM Flexicap Fund is also not behind in this, it has given a return of 17.30 percent in 10 years, 30.22 percent in 5 years and 27.90 percent in 3 years..jpg)
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