India’s Top 3 Mutual Fund Schemes with Highest NAVs

When it comes to the glitz and glamour of the Indian stock market, names like MRF often steal the spotlight, known for their jaw-dropping stock prices. But what about the world of Mutual Fund Schemes? Here lies a lesser-known territory, where NAVs (Net Asset Values) soar to surprising heights, yet often evade the radar of many investors. Today, we embark on a journey to uncover these hidden gems as we delve into the top 3 mutual fund schemes boasting the highest NAVs in India.

1. Nippon India Growth Fund – Direct Plan – Growth 

Nippon India Growth Fund stands tall with a staggering NAV of Rs 3663.85, the Nippon India Growth Fund takes the lead in our exploration. Belonging to the Mid-Cap Fund category, this fund holds an impressive portfolio with 98.64% investment in domestic equities. Large Cap stocks claim 13.79%, while Mid-cap and Small-cap stocks command a lion’s share of 50.45% and 13.8%, respectively. Since its inception, the fund has delivered a remarkable absolute return of 622.42%, outperforming its benchmark Nifty Midcap 150 TRI benchmark over a 5-year period.

2. Franklin India Prima Fund – Growth

In the realm of Mid-Cap funds, the Franklin India Prima Fund shines bright with a NAV of Rs 2247.70. Sporting a hefty fund size of Rs 10,180.93 crore and an expense ratio of 1.8%, this scheme boasts a substantial 97.07% investment in domestic equities. However, despite its impressive inception return of 22,377.02%, it falls short in comparison to its benchmark over a five-year span.

3. HDFC Flexi Cap Fund – Growth

Completing our trifecta of high-flying NAVs is the HDFC Flexi Cap Fund, boasting a NAV of Rs 1631.78. With an AUM size of Rs 49,656.83 crore and an expense ratio of 1.51%, this fund exhibits an 87.58% investment in domestic equities, with significant holdings in Large Cap stocks like ICICI Bank and HDFC Bank. Since inception, the fund has dazzled investors with an astonishing return of 16,217.83%, surpassing its benchmark indices by a considerable margin over a 5-year period.

In a market where attention often gravitates towards flashy stocks, these mutual fund schemes stand as testament to the potential for growth and prosperity hidden within the realm of NAVs. As investors navigate the intricacies of the financial landscape, may these hidden gems serve as beacons of opportunity, guiding them towards wealth and success in their investment journey.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.