12 Equity Mutual Funds Deliver Over 70% Returns in 3 and 5 Years: Check the List

12 Equity Mutual Funds Cross the 70% Return Mark

An analysis by ETMutualFunds found that 12 equity mutual fund schemes delivered more than 70% absolute returns over both the three-year and five-year periods. The analysis covered 218 equity mutual funds that had completed five years in the market.

The exercise excluded sectoral and thematic funds and considered regular growth options. The returns represent absolute gains over the respective periods rather than annualised returns.

Which Mutual Funds Delivered More Than 70%?

The 12 schemes were spread across small-cap, mid-cap, large-and-mid-cap, focused and ELSS categories.

Mutual Fund Scheme3-Year Absolute Return5-Year Absolute ReturnBandhan Small Cap Fund89.22%130.97%Bank of India Small Cap Fund76.48%132.50%Edelweiss Mid Cap Fund72.41%119.36%HSBC Midcap Fund88.79%125.57%ICICI Prudential Mid Cap Fund77.29%111.59%Invesco India Focused Fund73.83%88.87%Invesco India Large & Mid Cap Fund82.38%109.00%Invesco India Midcap Fund86.38%132.93%Invesco India Smallcap Fund82.16%136.00%ITI Small Cap Fund89.32%123.92%Motilal Oswal ELSS Tax Saver Fund75.50%110.90%Motilal Oswal Large & Midcap Fund78.52%125.52%

The figures were reported by ETMutualFunds based on its analysis of historical performance.

Bandhan and Bank of India Small-Cap Funds

Bandhan Small Cap Fund delivered an absolute return of 89.22% over three years and 130.97% over five years.

Bank of India Small Cap Fund recorded 76.48% over three years and 132.50% over five years.

These were among the small-cap schemes that crossed the 70% threshold across both time periods.

Mid-Cap Funds Also Feature Prominently

Three mid-cap schemes appeared in the list.

Edelweiss Mid Cap Fund delivered 72.41% over three years and 119.36% over five years. HSBC Midcap Fund recorded 88.79% and 125.57%, respectively.

ICICI Prudential Mid Cap Fund delivered 77.29% over three years and 111.59% over five years.

Four Invesco India Funds Made the List

Invesco India had the largest representation, with four schemes appearing in the analysis.

Invesco India Focused Fund delivered 73.83% over three years and 88.87% over five years.

Invesco India Large & Mid Cap Fund generated 82.38% and 109%, respectively, while Invesco India Midcap Fund delivered 86.38% and 132.93%.

Invesco India Smallcap Fund recorded 82.16% over three years and 136% over five years.

ITI Small Cap Fund Had the Highest Three-Year Return

Among the 12 schemes, ITI Small Cap Fund posted the highest three-year absolute return at around 89.32%.

Its five-year absolute return stood at 123.92%.

Edelweiss Mid Cap Fund had the lowest three-year return among the 12 schemes at around 72.41%.

Invesco India Smallcap Fund Led the Five-Year Return

Over the five-year period, Invesco India Smallcap Fund recorded the highest absolute return among the 12 schemes at 136%.

Bank of India Small Cap Fund and Invesco India Midcap Fund also crossed 130% over five years, while Bandhan Small Cap Fund delivered 130.97%.

Motilal Oswal Funds Also Crossed 70%

Two Motilal Oswal schemes featured in the analysis.

Motilal Oswal ELSS Tax Saver Fund delivered 75.50% over three years and 110.90% over five years.

Motilal Oswal Large & Midcap Fund recorded 78.52% over three years and 125.52% over five years.

Does a 70% Historical Return Mean You Should Invest?

Not necessarily.

The 70% figure represents cumulative historical performance over three or five years. It does not mean that investors can expect the same return in the future.

Mutual fund returns can vary significantly depending on market conditions, valuation levels, portfolio holdings, category risks and the investment period. Past performance should therefore be considered alongside risk, investment horizon and financial goals.

ETMutualFunds itself noted that the exercise was not a recommendation and that investors should not make investment or redemption decisions solely on the basis of this analysis.

Why Category and Risk Matter

Several funds on the list belong to small-cap and mid-cap categories, which can experience substantial fluctuations.

An investor comparing these schemes should look beyond headline returns and examine factors such as portfolio concentration, volatility, expense ratio, fund strategy, consistency of performance and suitability for their financial goals.

The right choice can also differ depending on whether the objective is long-term wealth creation, children's education, retirement planning or another financial goal.

Key Takeaways

• 12 equity mutual funds delivered more than 70% absolute returns over both three and five years.

• Four of the 12 schemes were from Invesco India.

• Bandhan Small Cap Fund delivered 89.22% over three years and 130.97% over five years.

• Invesco India Smallcap Fund recorded the highest five-year return among the 12 at 136%.

• ITI Small Cap Fund had the highest three-year return at 89.32%.

• The analysis excluded sectoral and thematic funds.

• The figures represent historical absolute returns and are not guaranteed future returns.

• The performance data should not be treated as a standalone investment recommendation.

Bottom Line

The 12 schemes identified by ETMutualFunds have delivered strong historical absolute returns across both three-year and five-year periods. However, the list only describes what these funds achieved in the past; it does not establish which fund will perform best in the future.

Investors should evaluate risk, investment horizon, financial goals and portfolio suitability before making an investment decision rather than selecting a mutual fund solely because of its past returns.

Disclaimer: Mutual fund investments are subject to market risks. Past performance does not guarantee future returns. The historical figures mentioned above are based on the ETMutualFunds analysis and should not be treated as investment advice.