These mutual funds refer to the schemes which follow value investment strategy, with at least 65 percent investment made in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked.
If you had invested ₹1 lakh in SBI Magnum Midcap Fund or Quant Mid Cap Fund at the time of launch, the investment would have swelled over 20 times by now.
Aditya Birla Sun Life Flexi Cap Fund delivered an exceptionally high performance of 21.73 per cent in the past 25 years and seven months; an investment of ₹1 lakh in the scheme at the time of its launch would have grown to ₹1.53 crore.
Flexi-cap mutual funds have yielded annualized returns ranging from 16% to 23% over the last decade, with Quant Flexi Cap fund recording the highest returns at 23.85%, potentially turning a ₹100,000 investment into ₹8.49 lakh.
Tata Equity PE Fund is a value mutual fund which has given an annualised return of 17.37 per cent in the past 10 years, thus letting an accumulated investment of ₹14.41 lakh to swell to ₹35.89 lakh in just a decade