More than 100% return in mutual funds

Two of the country's equity mutual fund schemes have given investors more than 100% returns in the last one year. Nippon India Taiwan Equity Fund and DSP World Mining Overseas Equity Omni Fund of Funds have returned more than 100% to investors since their investment.

For those who invested money last Holi, Nippon India Taiwan Equity Fund gave a return of 112.79% this Holi. DSP World Mining Overseas Equity Omni Fund of Funds gave a return of 111.56%.

11 equity schemes have given returns of more than 50% during this period. Out of 551 funds, 531 have shown growth while 20 schemes have reported losses. This means that if the selection is not good, there will be losses in mutual funds as well.

ICICI Prudential Strategic Metal and Energy Equity Fund of Funds has given a return of 86.7%. HSBC Brazil Fund has given a return of 66.85%. DSP Global Clean Energy Overseas Equity Omni Fund of Funds has recorded a growth of 63.15% in one year.

Edelweiss Emerging Markets Offshore Fund rose 59.5% and HSBC Global Emerging Markets Fund rose 58.4%. Kotak Global Emerging Markets Overseas Equity Omni Fund of Funds returned 56.18%. Mirai Asset Global Electric and Autonomous Vehicle Equity Passive Fund of Funds returned 55.44%.

HSBC Asia Pacific and Mirae Asset S&P 500 are schemes that have given returns of over fifty percent in a year.

Quant Tech Fund, Tata Digital India Fund, and Samco Active Momentum Fund are among the schemes showing losses.

The gains and losses of last year do not have to be repeated. The situation of last year does not have to be the same as what is coming next. Make investment decisions only in consultation with SEBI certified analysts.

Source: ET Mutual Funds Poonam