HDFC Defense Fund has given 70 percent return on one year SIP
Reportedly Mutual fund SIP investors had a great year. Some even got up to 60 percent return in 2024. Most funds earned more than 50 percent. More than 150 funds gave more than 20 percent return. Investors suffered loss under only one mutual fund scheme.
Meanwhile on investment in SIP till january 1, 2024, Motilal oswal Midcap Fund gave 60.08 percent return and Motilal oswal Smallcap Fund gave up to 54.72 percent return. Similarly, Motilal ELSS Tax Saver Fund earned 49.23 percent and Motilal oswal Large and Midcap Fund earned 48.72 percent in the same period. In this series, Bandhan Small Cap Fund gave 46.44 percent and Motilal oswal Flexi Cap Fund gave 45.99 percent income. Mutual fund schemes launched in last one to three years have given better returns. hdfc Pharma and Healthcare Fund has given 54.12 percent return on one year SIP. Whereas, those who invested lump sum have got 53.62 percent return in one year. ICICI Prudential PSU Equity Fund has given 44.25 percent annual return on two year SIP.
Moreover hdfc Defense Fund has given 70 percent return on one year SIP. Whereas, those who invested lump sum have got 82.43 percent return in one year and 80.24 percent annual return since launch. sbi Nifty Next 50 Index Fund has given 29.13 percent annual return on 3 year SIP. Whereas those who invested in lump sum have got a return of 58.26 percent per annum in one year. These schemes have become popular as soon as they came in the market. They are giving tough competition to all the big schemes already running on the return chart of one to three years.