Jun 07, 2024, 09:22:45 PM IST
Three equity mutual fund categories gave more than 25% returns in the last five years. The returns ranged between 25.22% and 26.94%, according to data pulled from ACE MF.
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![Smallcap funds top return chart](https://img.etimg.com/thumb/msid-110803865,width-640,height-480,resizemode-75,imgsize-569422/smallcap-funds-top-return-chart.jpg)
Smallcap funds have offered the highest average return of around 26.94% in the last five years. Around 19 smallcap funds completed five years of existence. Quant Small Cap Fund offered the highest return of 40.56%. Nippon India Small Cap Fund, the largest fund based on assets managed, gave 31.11% returns in the same time period.
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![PSU Fund](https://img.etimg.com/thumb/msid-110803861,width-640,height-480,resizemode-75,imgsize-34236/psu-fund.jpg)
PSU theme based funds gave an average return of 25.77% in the last five years. There were around three funds in the period. Invesco India PSU Equity Fund gave the highest return of around 28.28%. CPSE ETF and SBI PSU Fund gave 24.98% and 24.6% returns, respectively, in the same time period.
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![Infrastructure Funds](https://img.etimg.com/thumb/msid-110803856,width-640,height-480,resizemode-75,imgsize-36126/infrastructure-funds.jpg)
Infrastructure sector based mutual funds gave an average return of 25.22% in the last five years. There were around 18 funds in the category that completed five years in the market. Quant Infrastructure Fund gave the highest return of around 35.68% in the last five years. UTI Infrastructure Fund gave the lowest return of 20.04% in the period.
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![Want to invest?](https://img.etimg.com/thumb/msid-110803849,width-640,height-480,resizemode-75,imgsize-28128/want-to-invest.jpg)
These three categories carry different risks. One should always consider risk appetite, investment horizon, and goal before making investment decisions.One should consider sectoral/thematic funds only if you have complete knowledge about it.
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