Top 7 equity mutual funds post over 30% CAGR since Diwali
In short
ETMutualFunds said seven equity mutual funds have delivered more than 30% CAGR since last Diwali. Nippon India Taiwan Equity Fund led with about 87.36% returns, and other names included ICICI Pru Strategic Metal and Energy Equity FoF and HSBC Brazil Fund.
This matters to mutual fund investors watching performance, but the report does not give the full list or explain why some ICICI Prudential funds lost value.
What the reporting says
Seven equity mutual funds were reported to have delivered more than 30% CAGR since last Diwali in an ETMutualFunds analysis. The note said Nippon India Taiwan Equity Fund led with about 87.36% returns, while ICICI Pru Strategic Metal and Energy Equity FoF and HSBC Brazil Fund also stood out. It also said some ICICI Prudential funds had significant losses, but the full list and causes were not stated.
Why it matters
A publisher summary said seven equity mutual funds have generated more than 30% CAGR since last Diwali, led by Nippon India Taiwan Equity Fund at about 87.36%. It also named ICICI Pru Strategic Metal and Energy Equity FoF and HSBC Brazil Fund among the standouts, while warning that some ICICI Prudential funds posted significant losses. The report is relevant to fund investors, but it does not explain the drivers or give a complete ranking.