Riding the Bull: 8 Winning Mutual Funds of 2024

Equity mutual funds have the potential to reap high returns for investors.

Over the past few years, a robust broad-based rally in the equity market has resulted in impressive returns for many equity mutual fund schemes.

But since each sub-category of equity mutual fund and the schemes within them follow a different investment strategy, the underlying performance can vary significantly.

Among diversified equity mutual funds (i.e. excluding sector & thematic funds), 44 schemes have generated returns at a CAGR of 20% or more in the last five years on a rolling returns basis, thus turning out to be top-performing mutual funds of 2024.

In this guide, explore how the various sub-categories of equity mutual funds have performed over the years. Also find out the top-performing mutual funds across various sub-categories of equity mutual funds in the last 5 years.