Top 7 Index Funds With Highest Returns in 3 Years: Many new mutual fund investors have little knowledge about the functioning of funds.
Many keen investors who have knowledge but lack time to track their investments want an option where they don’t need to do much research for the selection of their investment.
For such investors, index funds may be options.
The reason is index funds follow an index such as Nifty 50, BSE 500, Nasdaq, or S&P, and have the same composition as the index that they are following.
So, investors don’t need to do much research about the strategy of the fund.
Index funds are passive funds since the fund manager just needs to track an index.
It makes index funds have a low expense ratio, adding to the benefit of investors.
In this write-up, we take you through the top 7 index mutual funds with highest annualised returns (CAGR). Also know how a Rs 1,25,000 one-time investment has performed in each of them.
Motilal Oswal Nasdaq 100 FOF Direct – Growth
The fund has given 20.55 per cent annualised SIP return in 3 years.
It has assets under management (AUM) of Rs 5,529 crore, while its net asset value (NAV) is Rs 38.45.
Benchmarked against Nasdaq 100 TRI, the fund has given 22.99 per cent annualised return since its debut in November 2018.
With an expense ratio of 0.24 per cent, the scheme is currently not available for investment.
A Rs 1,25,000 one-time investment in the 3-year period has grown to Rs 2.19 lakh.
Motilal Oswal Nifty Midcap 150 Index Fund Direct – Growth
The fund has given 19.95 per cent annualised SIP return in the 3-year time frame.
It AUM of Rs 1,801 crore, while its NAV is Rs 32.64.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 23.6 per cent annualised return since its inception in August 2019.
At an expense ratio of 0.3 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 510 as the minimum lump sum investment.
A Rs 1,25,000 one-time investment 3 years has converted into Rs 2.16 lakh.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct-Growth
The fund has given 19.90 per cent annualised SIP return the 3-year period.
It has an asset base of Rs 283 crore, while its unit price is Rs 20.42.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.76 per cent annualised return since its launch in March 2021.
With an expense ratio of 0.44 per cent, the fund has Rs 105 as the minimum SIP and lump sum investment each.
A Rs 1,25,000 one-time investment in the 3-year time frame has jumped to Rs 2.15 lakh.
Nippon India Nifty Midcap 150 Index Fund Direct – Growth
The fund has given 19.72 per cent annualised SIP return in 3 years.
It has a fund size of Rs 1,417 crore, while its unit price is Rs 20.9.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.9 per cent annualised return since its starting in February 2021.
At an expense ratio of 0.3 per cent, the fund has Rs 105 as the minimum SIP and lump sum investment each.
A Rs 1,25,000 one-time investment in the 1-year period has swelled to Rs 2.14 lakh.
ICICI Prudential NASDAQ 100 Index Fund Direct – Growth
The fund has given 19.29 per cent annualised SIP return in the 3-year time frame.
Its AUM is Rs 1,771 crore, while its NAV is Rs 14.76.
Benchmarked against Nasdaq 100 TRI, the fund has given 11.91 per cent annualised return since its beginning in September 2021.
With an expense ratio of 0.63 per cent, the scheme is currently not buyable.
A Rs 1,25,000 one-time investment in 3 years has grown to Rs 2.12 lakh.
Aditya Birla Sun Life NASDAQ 100 FOF Direct-Growth
The fund has given 17.86 per cent annualised SIP return the 3-year period.
It has an asset base of Rs 407 crore, while its NAV is Rs 13.93.
Benchmarked against Nasdaq 100 TRI, the fund has given 10.39 per cent annualised return since its launch in October 2021.
At an expense ratio of 0.26 per cent, the scheme is currently not buyable.
A Rs 1,25,000 one-time investment in the 3-year time frame has converted into Rs 2.05 lakh.
Edelweiss US Technology Equity FoF Direct – Growth
The fund has given 17.32 per cent annualised SIP return in 3 years.
It has a fund size of Rs 2,816 crore, while its unit price is Rs 24.89.
Benchmarked against Russel 1000 Equal Weighted Technology, the fund has given 21.8 per cent annualised return since its inception in February 2020.
With an expense ratio of 0.68 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 1,25,000 one-time investment in the 3-year period has jumped to Rs 2.02 lakh.
Source:https://www.zeebiz.com/personal-finance/news-top-7-index-mutual-funds-with-highest-best-returns-in-3-years-calculator-irn-rs-125000-one-time-investment-in-no-1-scheme-has-grown-to-219000-nifty-next-50-bse-500-nasdaq-sp-icici-motilal-nippon-350809