Mutual fund jackpots: 13 schemes multiplied investor wealth over 4 times in 5 years

The analysis revealed 13 equity mutual funds that multiplied investors’ wealth over four times in five years. Quant Small Cap Fund was the top performer, turning Rs 1 lakh into Rs 6.48 lakh. These funds showed strong CAGR, with several surpassing 33%. However, it is crucial to consider one’s risk appetite and investment goals before making decisions. The analysis revealed 13 equity mutual funds that multiplied investors’ wealth over four times in five years. Quant Small Cap Fund was the top performer, turning Rs 1 lakh into Rs 6.48 lakh. These funds showed strong CAGR, with several surpassing 33%. However, it is crucial to consider one’s risk appetite and investment goals before making decisions.  Economic Times

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