12 equity mutual funds with over Rs 1,000 NAV offer upto 24% CAGR since their inception. Do you own any?

Out of these 12 funds, 11 have been in the market for more than 25 years. The exception was Sundaram Mid Cap Fund which has completed around 23.64 years in the market. All these schemes have offered double-digit returns of more than 17% since their respective inception.

Also Read | Gold vs silver ETF: Which metal should investors prefer amid US-Israel strike on Iran?The schemes were from five different categories such as midcap, flexicap, ELSS, largecap, large & midcap fund. Three flexi cap funds and midcap funds each, two ELSS, two largecap and large & mid cap funds each had NAVs of more than Rs 1,000, the analysis further showed.

The top funds were midcap funds with the highest NAV. Nippon India Growth Mid Cap Fund had the highest NAV of Rs 4,312.4386. Launched in October 1995, the scheme had offered 22.08% CAGR since its inception.

Franklin India Mid Cap Fund which has been in the market for around 32.27 years had a NAV of Rs 2,694.4574 and offered a CAGR of 18.94% since its inception. The next three schemes in the list were flexi cap schemes. HDFC Flexi Cap Fund (Earlier known as HDFC Equity Fund) had a NAV of Rs 2,060.1270 and has completed 31.19 years in the market. The scheme offered 18.64% CAGR since its inception.Aditya Birla SL Flexi Cap Fund (Earlier known as Aditya Birla Sun Life Equity Fund) and Franklin India Flexi Cap Fund (Earlier known as Franklin India Equity Fund) had a NAV of Rs 1,849.3600 and Rs 1,627.1068 respectively. The schemes offered a CAGR of 20.88% and 17.58% respectively since their inception.Nippon India Vision Large & Mid Cap Fund (Earlier known as Nippon India Vision Fund) had a NAV of Rs 1,482.6444 and gave 17.87% CAGR since its inception date in October 1995.

Franklin India ELSS Tax Saver Fund (Earlier known as Franklin India Taxshield Fund) which had been in the market for 26.92 years had a NAV of Rs 1,449.7716. This ELSS fund managed by Franklin Templeton Mutual Fund offered a CAGR of 20.32% since its inception in April 1999.

Also Read | How should mutual fund investors think about their portfolios amid the US-Israel conflict with Iran?HDFC ELSS Tax saver (Earlier known as HDFC Taxsaver) which had a NAV of Rs 1,424.8960 has been around in the market for 29.94 years. The scheme offered a CAGR of 22.78% since its inception.

Sundaram Mid Cap Fund (Earlier known as Sundaram Select Midcap Fund), launched in July 2002, has been around for 23.64 years and had a NAV of Rs 1,423.1334. The mid cap fund posted a CAGR of 23.35% since its inception.

HDFC Large Cap Fund (Earlier known as HDFC Top 100 Fund) had a NAV of Rs 1,159.0170 and has been there in the market for 29.41 years The scheme has given a CAGR of 18.29% since its inception.

ICICI Pru Large & Mid Cap Fund (Earlier known as ICICI Prudential Top 100 Fund) had a NAV of Rs 1,034.4200. This large & mid cap fund which has been around for 27.67 years offered a CAGR of 18.26% since its inception in July 1998.

Franklin India Large Cap Fund (Erstwhile known as Franklin India Bluechip Fund) had a NAV of Rs 1,025.3670 and has been in the market for around 32.27 years. The fund has offered a CAGR of 18.61% since its inception in December 1993.

These schemes have experienced multiple changes, including shifts in their benchmarks, making direct performance comparisons with their benchmarks impractical.

We considered all equity mutual funds excluding sectoral, thematic and equity oriented hybrid funds. We considered regular and growth options. We considered NAV of these schemes as on March 2, 2026 and calculated performance since their respective inception.

Also Read | Worried about 18 months of flat returns? Radhika Gupta shares a reality checkNote, the above exercise is not a recommendation. The exercise was one to find which schemes had a NAV of more than Rs 1,000 and how they have performed since their respective inception. One should not make investment or redemption decisions based on the above exercise

One should always consider risk appetite, investment horizon, and goals before making an investment decision.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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