This Fund House's Schemes Deliver Stellar Returns Across Two Categories

The Indian equity markets have gotten investors remarkable returns that are significantly higher than both expected returns and category averages. The highlight here is the fact that schemes from one mutual fund house has managed to top charts in two categories. Delivering stellar returns, the schemes from this fund house have topped both mid and small cap category. Here are the top schemes that delivered stellar returns across various categories in 2024.

The best performing fund in the large cap category is WhiteOak's large cap fund. Managed by Piyush Baranwal, Ramesh Mantri, Trupti Agrawal and Dheeresh Pathak, the scheme has returned 20.8% this year. These returns are closely followed by Invesco India Largecap Fund with 20.0% returns in 2024. DSP Top 100 Equity Fund also makes it to the top three with a 6.9% outperformance.

Motilal Oswal Midcap Fund returned 57.1% in 2024, making it the best scheme in the mid cap category. The scheme also have a remarkable outperformance margin of 32.9% which is higher than the other schemes on the list as well. Invesco India Mid Cap Fund with 42.9% returns have a 16.5% outperformance.

The HSBC Midcap Fund holds the third place on the list with 39.1% returns this year and beating the benchmark by 14.9%.

With Motilal Oswal taking up first position on this category as well, the Motilal Oswal Small Cap Fund tops the list with 45.5% returns. The scheme has beat the benchmark by over 19%. The Bandhan Small Cap Fund brings a return that closely follows the list topper. The scheme returned 42.0% and has outperformed by 17.8% this year.

Invesco India Smallcap Fund holds a place on the list with 36.9% returns this year with an outperformance of 12.7%.

Sectoral and thematic funds have lost a little charm, evident in the inflows recorded during the month of November. Despite the lackluster, the returns the category has brought investors continue to bring stellar returns. LIC MF Infrastructure Fund brought the most returns in the category with 46.2%. The outperformance that this scheme had this year was a massive margin of 30.0%.

Quant Commodities Fund follows with 35.5% returns. The scheme reported an outperformance of 29.9% this year. Kotak Pioneer Fund, makes the list with 29.4% returns and 29.4% outperformance.