Nifty reached over 22,000 points a few days ago and is currently undergoing a slight correction. Many mutual funds have delivered high returns over the past three to five years. For long-term investments, investors can analyze how well a mutual fund has performed over a period of 5 to 10 years. In this article, he provides information about his 5 mutual fund schemes in the last 5 years from January 28, 2019 to January 27, 2024 where he earned returns of 260% to 380% .
Also read: List of 5 mutual funds with 1-year returns of 66% to 90%
5 mutual fund schemes with 5-year returns of 260% to 380%
Below is a list of top-performing mutual funds that have returned more than 260% over the past five years. Filtered based on absolute returns over the past 5 years.
#1 – Quantitative Small Cap Fund – 5 Year Return: 380%
#2 – Indian Bank Small Cap Fund – 5 Year Return: 290%
#3 – Quant ELSS Tax Savings Fund – 5 Year Return: 275%
#4 – Japan India Small Cap Fund – 5 Year Return: 270%
#5 – Quantitative Mid-Cap Fund – 5 Year Return: 260%
Note: When filtering these funds, ETFs will be excluded. We also ignored integrated funds that may not be relevant in terms of past returns.
What is beta and alpha in mutual funds?
This article presents beta and alpha indicators and provides detailed definitions to help investors understand them. If you already know, please skip this section.
Beta – This is a measure of the fund’s sensitivity to market movements. A beta value of less than 1 indicates that the fund is less volatile relative to the rise and fall of the benchmark. A beta value greater than 1 indicates that the fund is more volatile compared to the benchmark. Investors should prefer low-beta funds that are less volatile compared to their benchmarks.
alpha – This is a measure of the additional return provided by the fund compared to the benchmark. Investors should prefer high alpha funds that can generate higher returns. Alpha and beta should be used together when comparing risk and return.
5 Mutual Fund Schemes with 5-Year Returns of 260%+ – Investment Objectives and Performance Details
Let’s take a closer look at these funds.
#1 – Quantitative Small Cap Fund – 5 Year Return: 380%
Investment purpose:
The main investment objective of the scheme is to enhance capital value by investing in a portfolio of small cap stocks and provide long-term growth opportunities.
Performance details
Absolute return of the fund
- 1 year return: 60%
- 2 year return: 74%
- 3 year return: 228%
- 5 years return: 380% (1 lac becomes 4.8 lac)
- 10 year return: 562%
Annualized return of the fund
- 1 year return: 60%
- 2-year annualized return: 32%
- 3-year annualized return: 48%
- 5-year annualized return: 37%
- 10-year annualized return: 21%
Our view:
Small-cap mutual funds invest in small-cap stocks, which carry relatively higher risk compared to mid-cap and large-cap stocks. Such funds also provide high returns. This fund has a beta value of 1.02 and an alpha value of 10.49. The fund has generated an annualized return of 19.47% since its inception. As I indicated in a previous article, I personally invest in this small-cap mutual fund as well. High-risk investors seeking high returns can include such funds as part of their portfolio over the medium to long term. Such funds are not intended for intermediate or low risk investors.
#2 – Indian Bank Small Cap Fund – 5 Year Return: 290%
Investment purpose:
The scheme aims to generate long-term capital growth by investing primarily in small-cap stocks and equity-related securities.
Performance details
Absolute return of the fund
- 1 year return: 49.5%
- 2 year return: 50%
- 3-year return: 149%
- 5 years return rate: 325% (1 lac equals 4.25 lacs)
Annualized return of the fund
- 1 year return: 49.5%
- 2 year annualized return: 22%
- 3-year annualized return: 35%
- 5-year annualized return: 33%
Our view:
As I pointed out earlier, small-cap funds invest in small-cap companies, resulting in high risk and high return. The fund has a beta of 0.8 and an alpha of 6.8. The fund has generated an annualized return of 32.6% since its inception. If you are a high-risk investor, you can invest in such funds. Others may stay away from such funds.
#3 – Quant ELSS Tax Savings Fund – 5 Year Return: 275%
Investment purpose:
The investment objective of the scheme is to generate capital appreciation by investing in a well-diversified portfolio of stocks primarily with growth potential. This income may be supplemented by dividends or other income.
Performance details
Absolute return of the fund
- 1 year return: 38%
- 2 year return: 50%
- 3 year return: 132%
- 5 years return: 275% (1 lac becomes 3.75 lac)
Annualized return of the fund
- 1 year return: 38%
- 2 year annualized return: 22%
- 3-year annualized return: 32%
- 5-year annualized return: 30%
- 10-year annualized return: 25%
Our view:
This tax saving fund offers tax benefits starting from 80 cents up to 1.5 lacs in a financial year. The fund has performed well since its inception, generating returns of 22.3%. This fund has a beta value of 1.02 and an alpha value of 12. If you are looking for 80c tax savings, consider a fund, preferably via the SIP route. Other investors can invest in equity funds based on their risk profile and financial goals.
#4 – Japan India Small Cap Fund – 3 Year Return: 180%
Investment purpose:
The scheme aims to generate long-term capital growth by investing primarily in small-cap stocks and equity-related instruments.
Performance details
Absolute return of the fund
- 1 year return: 53%
- 2 year return: 64%
- 3 year return: 180%
- 5 years return: 270% (1 lac becomes 3.7 lac)
- 10 year return: 1070%
Annualized return of the fund
- 1 year return: 53%
- 2 year annualized return: 28%
- 3-year annualized return: 40%
- 5-year annualized return: 30%
- 10-year annualized return: 28%
Our view:
As shown above, small-cap funds invest in small-cap stocks and high risk. Such funds also offer high returns. The fund has a beta of 0.85 and an alpha of 10.4. This fund has also consistently generated returns of 27% annually since its inception. I also personally invest in this small cap fund. High-risk investors can make such funds a part of their mutual fund portfolio from a medium- to long-term perspective with five-year returns of 260% to 380%. Moderate or low-risk investors can avoid such funds.
You may like: 5 Mutual Funds with 3-Year Returns of 160% to 215%
#5 – Quantitative Mid-Cap Fund – 5 Year Return: 260%
Investment purpose:
The scheme’s primary investment objective is to invest in a portfolio of mid-cap companies to enhance capital value and provide long-term growth opportunities.
Performance details
Absolute return of the fund
- 1 year return: 46%
- 2 year return: 68%
- 3 year return: 151%
- 5 years return: 260% (1 lac becomes 3.6 lac)
- 10 year return: 490%
Annualized return of the fund
- 1 year return: 46%
- 2-year annualized return: 30%
- 3-year annualized return: 36%
- 5-year annualized return: 29%
- Annualized return over 10 years: 20%
Our view:
Mid-cap mutual funds invest primarily in medium-sized companies. These carry higher risks compared to large-cap stocks. Even mid-cap funds offer higher returns compared to large-cap funds. The fund has a beta of 0.9 and an alpha of 7.1. The fund has generated an annualized return of 19.36% since its inception. I personally invest in this mid-cap investment trust. Investors with a high risk tolerance can invest in such funds with a medium to long-term perspective. Medium or low risk investors can stay away from such funds.
Conclusion: In summary, the mutual fund schemes featured in this article have shown good performance over the past five years, with the stock market stagnant (from October 2021 to March 2023) and bullish in 2023. You may be able to see the market price. Mid-cap funds involve risk and market volatility. Investors should carefully evaluate their risk tolerance, investment objectives, and time horizon before considering these funds.

