SIP investors in mutual funds have generated a lot of excitement this year. Some even received returns of as much as 60 percent in 2024. The majority of the funds gained over 50 percent. Over 150 funds provided returns exceeding 20 percent. Just a single mutual fund scheme has resulted in losses for investors.
Motilal Oswal Midcap Fund provided returns of 60.08 percent, while Motilal Oswal Smallcap Fund achieved returns of up to 54.72 percent on SIP investments until January 1, 2024. In the same time frame, Motilal ELSS Tax Saver Fund achieved a return of 49.23 percent, while Motilal Oswal Large & Midcap Fund delivered 48.72 percent. Bandhan Small Cap Fund achieved a return of 46.44 percent, while Motilal Oswal Flexi Cap Fund had a return of 45.99 percent.
Programs initiated in the past three years provided improved returns
Mutual fund schemes introduced in the past one to three years have provided superior returns. HDFC Pharma and Healthcare Fund has achieved 54.12 percent returns on a one-year SIP. Conversely, individuals who made a one-time investment achieved a 53.62 percent return within a year. ICICI Prudential PSU Equity Fund has delivered 44.25 percent yearly returns on a two-year SIP.
HDFC Defence Fund has provided 70 percent returns on a one-year SIP. In contrast, lump sum investors have achieved returns of 82.43 percent over one year and 80.24 percent each year since inception. SBI Nifty Next 50 Index Fund has provided 29.13 percent yearly returns over a 3-year SIP. In one year, lump sum investors have enjoyed annual returns of 58.26 percent. These plans gained popularity immediately upon their market arrival. It is in competition with all the iconic plans currently operating on the return chart for one to three years.
