1 lakh became 11 lakh in last 10 years. I am not talking about some multibagger stock here. I am talking about those mutual fund schemes which have given 10x returns in the last 10 years. That too I am talking about regular plans in mutual funds as direct plans were launched <10 years back. If you are getting frustrated that you are not investing in multibagger stocks, you can still consider these mutual funds which have given great returns over the long term. Which are the multibagger mutual fund schemes that have given returns up to 10x in the last 10 years.
5 Best Mutual Funds of India
1. Nippon Small Cap Mutual Fund – Rs 1 lakh raised to Rs 11 lakh
2. SBI Small Cap Mutual Fund – Increases by Rs 1 lakh to Rs 9.8 lakh
3. Mirae Asset Emerging Blue-chip Fund - Rs 1 lakh. Raised to 9 lakhs
4. ICICI Prudential Technology Fund - Rs 1 lakh. Raised to 9 lakhs
5. Motilal Oswal NASDAQ 100 Fund of Fund - rises by Rs 1 lakh to 8.4 lakh
Please note that the above numbers are after 10% market correction that has happened in the last 2 weeks and these returns are for regular schemes, as direct plans are available only from 2013 onwards (<10 years).
5 Best Mutual Funds of India in Details
1. Nippon Mutual Fund Small Cap
The objective of the fund is to generate long term capital appreciation by investing primarily in equity and equity related instruments of small cap companies.
The beta of this fund is 0.92. Beta reflects the volatility of the fund as compared to its benchmark (which is 1). Any fund with a beta less than 1 can be considered less volatile than the benchmark.
The alpha of this fund is 6.67. Alpha is the earned return higher than the benchmark. Any fund whose alpha is more than zero can give higher returns than the benchmark.
It invests in small companies like Deepak Nitrate, KPIT Tech, Tube Investments, NIIT, Naveen Fluorine International etc.
From a 5-year rolling return perspective, this fund generated:
- Returns over 12% - 71% times
- More than 8% return – 17% of the times
- < 8% return - 12% times
- It did not give any negative returns.
The fund has generated 20.67% annualized returns since its inception in 2010. This is one of the best multibagger small cap mutual funds to invest in 2022.
2. SBI Mutual Fund Small Cap
Even this fund invests in small companies in India.
Fund's Key Ratios and Performance
It invests in smaller companies like Seelam Foam, Elegy Appliances, Blue Star, Carborundum Universal, Hatsum Agro Products, etc.
The beta of this fund is 0.77. Beta reflects the volatility of the fund as compared to its benchmark (which is 1). Any fund with a beta less than 1 can be considered less volatile than the benchmark.
The alpha of this fund is 7. Alpha is the excess return earned on the benchmark. Any fund whose alpha is more than zero can give higher returns than the benchmark.
From a 5-year rolling return perspective, this fund generated:
- Returns over 12% - 89% of the time
- More than 8% return - 8% bar
- < 8% return - 3% bar
- It did not give any negative returns.
The fund has generated 20.6% annual returns since its inception in 2009. It is one of the good multibagger small cap funds for 2022.
3. Mirae Asset Emerging Blue-chip Fund
The investment objective of this fund is to generate income and capital appreciation from a diversified portfolio primarily investing in large cap and mid cap companies.
Fund's Key Ratios and Performance
It currently invests in large and midcap companies like ICICI Bank, Infosys, HDFC Bank, Axis Bank, SBI, JK Cement, Voltas etc.
This fund has a beta of 0.99. Beta reflects the volatility of the fund as compared to its benchmark (which is 1). Any fund with a beta less than 1 can be considered less volatile than the benchmark.
The alpha of this fund is 5.12. Alpha is the earned return higher than the benchmark. Any fund whose alpha is more than zero can give higher returns than the benchmark.
5 From a rolling return perspective, this fund generated
- Returns over 12% - 90% of the time
- More than 8% return - 8% bar
- < 8% - 2% bar
- It did not give any negative returns.
The fund has generated 21.65% annualized returns since its inception in 2010. This is one of the best large-midcap multibagger funds for 2022.
4. CICI Pru Technology Fund
The fund invests in IT/related technology companies in India.
Fund's Key Ratios and Performance
It currently invests in technology companies like Infosys, HCL Technologies, TCS, Tech Mahindra, Wipro, Persistent Systems etc.
This fund has a low beta of 0.94. Beta reflects the volatility of the fund as compared to its benchmark (which is 1). Any fund with a beta less than 1 can be considered less volatile than the benchmark.
The alpha of this fund is 4.73. Alpha is the earned return higher than the benchmark. Any fund whose alpha is more than zero can give higher returns than the benchmark.
For a 5-year rolling return perspective, this fund generated:
- More than 12% return – 76% times
- More than 8% return – 10% bar
- < 8% return - 15% times
- It did not generate any negative returns
The fund has generated 13.2% annual returns since its inception in 2000. Though Sector Fund can be a bit risky, it is one of the best multibagger technology funds to invest in 2022 as well. One can deposit a small amount in such funds.
5. Motilal Oswal Nasdaq 100 Fund of Funds
The plan seeks an investment return that is in line with the performance of the NASDAQ 100 Index.
Fund's Key Ratios and Performance
It invests in Nasdaq listed companies like Amazon, Facebook, Microsoft, Apple etc.
Since this is a global fund, beta and alpha details are available.
From a 5-year rolling return perspective, this fund generated:
- More than 12% return - 98% times
- 8% plus return - 2% bar
- It did not generate any negative returns
The fund has generated 23.6% annualized returns since its inception in 2011. It is one of the best multibagger global mutual funds to invest in India.
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