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Know All Details About Multibagger Mutual Funds Those Gave 125 Percent Return During Covid Period

Know All Details About Multibagger Mutual Funds Those Gave 125 Percent Return During Covid Period
Written by Arindam
Know All Details About Multibagger Mutual Funds Those Gave 125 Percent Return During Covid Period

Multibagger Return: Every investor likes to invest only for hefty returns. He wants that in a very short time his investment becomes two times four times or even more than that. This happens many times as well. We are going to tell you about some such mutual funds where in only two years of Corona, one hundred and fifty percent returns have been received. Many people run like crazy behind this return.

What are large cap funds

Large cap funds manage around Rs 2.26 lakh crore of investors, which is 16.5 per cent of the total capital managed by equity schemes. According to the estimates, the average return of large cap funds between March 24, 2020 and March 32, 2022 has been 109 percent. On an annual basis, the average return of these large cap funds is 44 per cent.

Let us have a look at these large cap funds that performed well during the two years of Corona (Covid-19).

Nippon India Large Cap Fund: Its Asset Under Management (AUM) is Rs 11,000 crore. It has given 126.6 per cent return over a period of 2 years. Although this fund has been the best performing fund of the Corona period, it has performed slightly weaker than the benchmark Nifty 100 during this period. Nifty 100 has given 128.3 percent return in the same period.

ICICI Prudential Bluechip Fund: Its asset under management is Rs 31,500 crore. It has given 126.3 per cent return in a span of 2 years.

Aditya Birla Sun Life Frontline Equity Fund: Its asset under management is Rs 21,000 crore. It has given 124.8 per cent return over a period of 2 years.

HDFC Top 100 Fund: It has given 122.4 percent return in a period of 2 years. The fund is managed by Prashant Jain who is known for taking high convolution calls.

SBI BlueChip Fund: Its asset under management is Rs 31700 crore. It has given 122.1 per cent return over a period of 2 years.

DBI India Top 100 Equity Fund: It has given 121.8 per cent return over a period of 2 years. Its return on an annual basis has been 48.3 percent.

Kotak Bluechip Fund: This fund has given 121.7 percent return in 2 years of Karona period.

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(Investment advice in any fund is not given by ABP News here. The information given here is for informational purposes only. Mutual fund investments are subject to market risk, read all scheme documents carefully. NAV can fluctuate depending on the factors and forces influencing the security market including fluctuations in interest rates.The past performance of a mutual fund may not necessarily reflect the future performance of the schemes. The mutual fund does not guarantee or guarantee any dividend under any of the schemes and is subject to the availability and adequacy of distributable surplus. Investors are advised to review the prospectus carefully and seek specific legal, tax and scheme You are requested to seek expert professional advice regarding the financial implications of investing/participating in

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Arindam

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