These mutual funds gave huge sums of money to investors in 2024, here is the complete list

Some people investing in mutual funds have got huge sums of money in the year 2024. Especially if you have invested in the mutual funds mentioned below, then this year you would have got returns of more than 80 percent.

Based on data from Value Research, we have prepared a list of 6 mutual funds which have given the highest returns. However, it is difficult to say at the moment how these funds will perform next year.

1. Mirai Asset NYSE FANG+ ETF FoF

This fund of Mirai Asset remained on top in 2024. It gave a return of 87.26%. It is a fund of funds, which instead of investing directly in the market, invests money in other funds. This fund invests in America’s top tech companies like Facebook, Apple and Amazon.

2. Mirai Asset S&P 500 Top 50 ETF FoF

Mirai Asset’s fund is also in second place, which gave a return of 67.65%. This fund invests in the top 50 companies of America’s S&P 500 index. Due to the strong performance of these companies, this fund gave high returns to the investors.

3. Mirai Asset NYSE FANG+ ETF

This exchange traded fund (ETF) of Mirai stood at third place with a return of 62.72%. This fund invests in big technology stocks of America, due to which its performance was excellent.

4. Motilal Oswal Midcap Fund

Motilal Oswal’s Midcap Fund stood at fourth position. It gave a return of 61.93%. This fund invests in midcap companies and took advantage of the boom in the midcap sector in 2024.

5. LIC MF Infrastructure Fund

Infrastructure Fund of LIC Mutual Fund stood at fifth position with 59.32% return. This fund invests in infrastructure sectors like road, rail, and power projects.

6. HDFC Defense Fund

HDFC Defense Fund gave a return of 55.45%. This fund invests in India’s defense sector. Government policies and the boom in the defense sector gave it tremendous returns.

Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)

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