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7 equity mutual fund categories offer over 12% in 2023; small caps give 24%

Predictably, small cap funds topped the return chart. The small cap category gave an average return of around 24.13% in 2023. The category has around 24 schemes and Mahindra Manulife Small Cap Fund offered the highest return of around 34.65%, followed by Union Small Cap Fund which offered 30.83%.

Parag Parikh Arbitrage: Will the new fund give competition to Kotak, SBI, ICICI Pru and Nippon arb funds?

Parag Parikh Arbitrage: Will the new fund give competition to Kotak, SBI, ICICI Pru and Nippon arb funds?
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8 best flexi cap mutual fund schemes with highest returns in past five years

The flexi cap scheme that delivered the highest returns over the past five years is Quant Flexi Cap Fund with over 24% annualised return. The other schemes have given an annualised return in the range of 16-20 percent.

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