SIP It is considered the best way to invest in mutual funds. However, you can also make big money from mutual funds through lump sum investments. According to AMFI data, many equity mutual funds have multiplied investors' money in just a few years. Here we will know about 5 such mutual fund schemes, which have increased the lump sum investment of investors by 4 times in the last 5 years and all of them are small cap funds. Among these, there is a fund which has increased lump sum investment by 6.7 times in 5 years.
Edelweiss Small Cap Fund
Edelweiss Small Cap Fund has given a return of 32.05 percent in the last 5 years. The money invested in this scheme 5 years ago has increased 4.19 times. If a lump sum investment of Rs 10 lakh was made in this scheme in the first 5 years, then today that money would have increased to Rs 41.9 lakh.
Canara Robeco Small Cap Fund
Canara Robeco Small Cap Fund has given returns of 36.07 percent in the last 5 years. The money invested in this scheme 5 years ago has increased 4.35 times. If a lump sum investment of Rs 10 lakh was made in this scheme in the first 5 years, then today that money would have increased to Rs 43.5 lakh.
Nippon India Small Cap Fund
Nippon India Small Cap Fund has given a return of 37.03 percent in the last 5 years. The money invested in this scheme 5 years ago has increased 4.66 times. If a lump sum investment of Rs 10 lakh was made in this scheme in the first 5 years, then today that money would have increased to Rs 46.6 lakh.
Bank of India Small Cap Fund
Quant Small Cap Fund
Quant Small Cap Fund has given a return of 48.01 percent in the last 5 years. The money invested in this scheme 5 years ago has increased 6.7 times. If a lump sum investment of Rs 10 lakh was made in this scheme in the first 5 years, then today that money would have increased to Rs 67 lakh.
Image Credit: India-Tv.