Business and Finance Business and Finance
Mon, November 25, 2024

Top 10 best and worst performing SIP mutual funds in the last one year


Published on 2024-11-25 12:46:02 - Bill Williamson, WOPRAI
  Print publication without navigation

  • Reg(G) topped the charts, delivering a remarkable 81% XIRR with a present value of Rs 15,983, making it the highest-performing scheme in the list.

The article from Business Standard discusses the performance of Systematic Investment Plan (SIP) mutual funds over the past year, highlighting both the top performers and the underperformers. Among the best performers, Quant Value Fund led with a return of 73.12%, followed by Nippon India Small Cap Fund at 47.45%, and HDFC Mid-Cap Opportunities Fund at 46.79%. These funds primarily invested in small and mid-cap sectors, which have shown significant growth. Conversely, the worst performers included funds like DSP Equity & Bond Fund, which returned only 10.11%, and ICICI Prudential Equity & Debt Fund at 10.22%. The article notes that these underperforming funds were often those with a more conservative investment approach or those affected by broader market conditions. The analysis underscores the importance of understanding market trends and fund strategies when investing through SIPs.

Read the Full Business Standard Article at [ https://www.business-standard.com/finance/personal-finance/top-10-best-and-worst-performing-sip-mutual-funds-in-the-last-one-year-124112501282_1.html ]
Contributing Sources