An investment in a mutual fund, either through a systematic investment plan (SIP) or a lump sum, can give staggering returns--like a stock--amid market volatility. Investors who focus on accelerating capital appreciation within shorter timeframes should select high-performing funds to get a handsome return through mutual funds.
Below are five mutual funds---according to an analysis done by Jagran. com --- that have successfully doubled investor capital over a one-year horizon.
While broad market performance varies significantly across fund categories, select strategies have achieved outstanding returns exceeding 100 per cent over the past year.
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| Fund Name | Category | Plan | AUM in cr. | Return | SIP Allowed |
|---|---|---|---|---|---|
| Nippon India Taiwan Equity Fund | Thematic Fund - Global | Growth | 1191.7204 | 129.40% | No |
| SBI Silver ETF FOF | FOF (Domestic) - Silver | Growth | 3678.7025 | 97.40% | Yes |
| Kotak Silver ETF FOF | FOF (Domestic) - Silver | Growth | 914.3285 | 96.10% | Yes |
| Zerodha Silver ETF FOF | FOF (Domestic) - Silver | Growth | 215.5328541 | 95.70% | Yes |
| DSP Silver ETF FOF | FOF (Domestic) - Silver | Growth | 675.1294 | 95.40% | Yes |
Nippon India Taiwan Equity Fund: Achieved a return of approximately 129.4% over the past year.1
Driver for Equity Fund: This performance was fueled by strong global demand for stocks in technology, semiconductors, and artificial intelligence.
Performance of Silver ETF FoFs: The growth in these funds was driven by a sharp rise in silver prices over the last year.