Fast-Track Your Savings: Top 5 Mutual Funds for a 3-Year Ride

Image Source: The Financial Express

If you’re thinking about putting a lump sum into mutual funds for the next three years, it’s smart to look at funds that have actually delivered solid returns recently. Here are five funds that have stood out, especially for investors with a medium-term goal.

HDFC Infrastructure Fund

This one has been a real performer, showing a 3-year CAGR of about 35.8%. If you had invested ₹1 lakh three years ago, you’d be sitting on roughly ₹2.5 lakh now. The fund focuses on infrastructure companies, which have done well with all the new projects happening across India.

Nippon India Power & Infrastructure Fund

Almost matching the HDFC fund, this one has a 3-year CAGR of 35.6%. It invests in both power and infrastructure stocks, riding the wave of government spending and policy support.

Motilal Oswal Midcap Fund

With a 35.4% CAGR, this fund picks mid-sized companies that have room to grow. It’s a good option if you want something that balances growth with a bit less risk than small-caps.

Bandhan Small Cap Fund

This fund’s 3-year CAGR is 35.2%. It’s focused on small-cap stocks, so it’s a bit more volatile, but the growth potential is high if you’re comfortable with some ups and downs.

ICICI Prudential Infrastructure Fund

Rounding out the list, this one has a 34.9% CAGR. Like the others, it’s benefited from the infrastructure boom and has rewarded patient investors.

These funds have done well recently, but always think about your own risk tolerance and financial goals before investing.

Source: The Economic Times