Around 28 equity mutual fund schemes have tripled investors' wealth in the last five years, a study by ET.com Mutual Fund showed. In other words, Rs 1 lakh invested in UTI Mid Cap Fund five years ago, would have grown to Rs 3.44 lakh today. UTI Mid Cap Fund is an average performer in the list of 28 schemes.
Small-cap mutual funds' assets soar 83% to Rs 2.43 lakh crore in FY24 on retail investor boom
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