Equity mutual fund categories under Modi s second term witnessed significant returns, with small cap funds leading at 243.94%. Nippon India Small Cap Fund topped with 304.07%. ELSS funds, large cap, and aggressive hybrid funds also showed notable performance.
Around 34 equity mutual funds have doubled investors wealth in the last three years through schemes like Motilal Oswal Midcap Fund and small cap funds like Quant Small Cap Fund and Nippon India Small Cap Fund.