We considered rolling returns of all equity and equity-oriented schemes for a period of five, seven and 10 year horizons. We looked at equity scheme categories, including large cap, large & mid cap, small cap, multi cap, flexi cap, arbitrage funds, aggressive hybrid funds, focused funds, and ELSS funds. We considered regular plans and the growth option for the study. We filtered the schemes that have offered more than 15% returns in a five, seven and 10- year horizon.
Around 16 equity schemes offered more than 15% returns in five, seven, and 10 year horizons based on rolling returns.
Note, the exercise is just to show that several schemes have offered more than 15% in five, seven and 10 year horizons. Though there might be some schemes that have offered more than 15% returns in any one or two horizons. But they wouldn’t have made to the list as we included only the schemes that have offered more than 15% returns in all three horizons.
Around five small cap schemes made it to the list. Four mid cap schemes, two schemes each from large & mid cap and technology funds, one scheme each from focused fund, contra fund and consumption oriented funds were in the list. No large cap or multi cap scheme made it to the list.
Here’s the list of equity schemes that offered more than 15% return in five, seven and 10 year horizons :
Source: ACE MF, Rolling returns as on March 6 2023
For the five year horizon, the rolling returns were calculated starting from March 6, 2018 to March 6, 2023. For the seven-year period, we calculated rolling returns starting from March 6, 2016 to March 6, 2023. For the 10-year horizon, the rolling returns were calculated starting from March 6, 2013 to March 6, 2023.
SBI Small Cap Fund was the only scheme that offered more than 20% in all three horizons selected for study. In the five and seven year horizons, SBI Small Cap Fund offered the maximum returns. The scheme offered 20.67% in five years and 22.98% return in seven years. In the 10 year horizon, Nippon India Small Cap Fund offered the highest return of around 22.68%.
Note, this exercise is just to find scheme that offered more than 15% return in five, seven and 10 year horizons. This is not a recommendation. You should not make or redeem your investment based on this exercise. You need to include other important factors such as risk profile, investment horizon, and your goal to identify suitable scheme for investment.
