4 Best Performing Schemes From ICICI Mutual Fund & HDFC Mutual Fund

A small caveat before we get into the article. We have not analyzed the schemes and have no call on the same. We are just highlighting information based on returns that we have analyzed from groww. Several mutual fund schemes, particularly the equity schemes have performed very well in terms of returns over the last 3-5 years. This has largely to do with better risk appetite from investors who have poured money into mutual fund schemes through SIPs. Here are 4 best performing schemes that have performed well, out of which 2 are from from ICICI Mutual Fund and 2 from HDFC Mutual Fund.

Name of the scheme	1-year returns	3-year returns
ICICI Prudential Commodities Fund, Direct, Growth	36%	50.86%
ICICI Prudential Small Cap Fund, Direct, Growth	32%	47%
HDFC Small Cap Fund, Direct, Growth	48.84%	46.61%
HDFC Infra, Direct, Growth	44.99%	39.86%

Courtesy: Groww

A quick look at some of the best performing schemes

The returns that are highlighted above are taken from Groww. If you see some of the schemes that have performed well over the last few years, then they are either from very contra type funds or are from small cap funds. When market conditions are good, we see that small cap mutual funds schemes can perform much better than largecap and small cap peers. Also, very specialized funds like commodity funds or infra funds could also do well. At the moment IT funds are not performing that great, given worries over recession across the globe.

While mutual funds have performed very well over the last few years, we would suggest investors to look for the SIP route before investing. This is because market volatility can eat into returns. Most of the schemes these days also have very nominal amounts to invest in SIPs which range from as low as Rs 100 and can go higher to Rs 1000.

Disclaimer

Please note, investing in mutual funds is risky. Investors should read the offer documents carefully. We have just highlighted the returns of some of the schemes and this is not a recommendation in any form. Neither Greynium Information, nor the author should be held liable for any losses based on this article.