Equity mutual funds have offered an average return of 2.54% in April, an analysis by ETMutualFunds showed. There were around 488 equity schemes in the market. Here are the top 10 funds that delivered highest returns, according to the ACE MF.
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This thematic fund delivered the highest return in April of around 12.56%. The scheme was the only to deliver double-digit returns.
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This midcap fund gave an absolute return of 9% in April. The scheme manages assets of Rs 825 crore as on March 31, 2024.
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This PSU-theme based fund gave a return of 8.53% in April. The scheme manages an asset base of Rs 1,876 crore.
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5/10
DSP Natural Res & New Energy Fund
DSP Natural Res & New Energy Fund gave a return of 8.39% last month. The scheme had an AUM of Rs 990 crore as on March 31, 2024.
6/10
Franklin India Opportunities Fund
This gave an absolute return of 8.18% in April. The scheme had assets under management of Rs 2,950 crore.
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This infrastructure sector based fund gave an absolute return of 8.14% last month. According to the last available portfolio, the scheme had an AUM of Rs 225 crore.
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8/10
DSP India T.I.G.E.R Fund
The scheme delivered 8.01% return in April. It manages assets worth Rs 3,364 crore as on March 31, 2024.
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9/10
Two from Quant Mutual Fund
Two schemes — Quant PSU Fund and Quant Commodities Fund — gave 7.89% and 7.83% returns, respectively, in April.
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10/10
Tata Small Cap Fund
This small cap fund gave 7.53% return in April. The scheme had an AUM of Rs 6,236 crore as on MArch 31, 2024.
