PMS AIF World, a performance analysis and wealth management company has released a list of the top 15 financial products including mutual funds and PMS that have delivered highest CAGR returns over the last ten years.
Kamal Manocha, Chief Strategist and Advisor, PMS AIF World said that his company has shortlisted top 15 funds in mutual funds and PMS based on 10 years CAGR returns between July 1, 2010 and June 30, 2020.
The list covers all mutual funds and PMSs categories like, large cap, mid cap, small cap, multi cap, large cap and mid cap, value, focused, and ELSS.
According to the list, Sageone Core Portfolio is the top performer PMS with CAGR of 24.7%. Sundaram SISOP and Girik Capital Multicap Growth are second and third in the list top wealth creators of 10 years with CAGR of 18.80% and 17.15%, respectively.
SBI Small Cap Fund occupies the fifth position in the list of wealth creators with CAGR of 16.70%.
MF and PMS schemes of Axis MF, Canara Robeco, Motilal Oswal, SBI MF and Sundaram MF have also made it to the list.
Let us look at some other key findings of the list:
- Out of all 10-year-old mutual funds and PMS, 66% of wealth creators have been PMS
- Among 15 wealth creators, while 10 schemes are PMS, five schemes belong to MFs
- ASK Investment Managers has 3 PMSs in the list of top 15 wealth creators
- SBI MF has 2 schemes –SBI Small Cap Fund and SBI Focussed Equity Fund appearing in the list
- It is a myth that index funds or ETFs deliver similar returns over long term. There is a significant CAGR alpha generated by all 15 wealth creators if compared to Nifty 50, Nifty 500 and Nifty mid cap
|
Top 15 wealth creators of last 10 years |
Product |
Category |
Large |
Mid |
Small |
No of stocks |
Returns |
|
Sageone Core Portfolio |
PMS |
Multi cap |
6% |
38% |
56% |
12 to 15 |
24.70% |
|
Sundaram SISOP |
PMS |
Multi cap |
54% |
29% |
13% |
12 to 15 |
18.80% |
|
Girik Capital Multicap Growth |
PMS |
Multi cap |
52.74% |
25.37% |
13.66% |
20 to 25 |
17.15% |
|
Motilal NTDOP |
PMS |
Multi cap |
42.40% |
54.10% |
2.90% |
20 to 25 |
16.70% |
|
SBI Small Cap Fund |
Mutual Fund |
Small cap |
0 |
27.58% |
72.42% |
50 to 55 |
16.30% |
|
ASK India Enterpreneurial Portfolio |
PMS |
Multi cap |
65.63% |
32.33% |
0 |
15 to 20 |
15.40% |
|
Canara Robeco Emerging Equities Fund |
Mutual Fund |
Large & mid |
56.33% |
40.58% |
3.09% |
55 to 60 |
15.20% |
|
Alchemy Select Stock |
PMS |
Multi cap |
56% |
24% |
4% |
12 to 15 |
14.80% |
|
AlfAccurate Advisors IOP |
PMS |
Multi cap |
53% |
19% |
24% |
35 to 45 |
14.75% |
|
Aditya Birla Core Equity Portfolio |
PMS |
Multi cap |
85.44% |
11.33% |
0% |
20 to 25 |
14.75% |
|
Axis Long Term Equity |
Mutual Fund |
ELSS |
73.73% |
22.81% |
3.47% |
35 to 45 |
14.38% |
|
SBI Focused Equity Fund |
Mutual Fund |
Multi cap |
64.39% |
31.23% |
4.39% |
25 to 30 |
14.16% |
|
ASK India Select |
PMS |
Multi cap |
78.88% |
19.17% |
0% |
15 to 20 |
13.80% |
|
Invesco Mid Cap Fund |
Mutual Fund |
Mid cap |
10.65% |
79.45% |
9.90% |
40 to 45 |
13.30% |
|
ASK Growth Portfolio |
PMS |
Multi cap |
73.74% |
21.72% |
3.55% |
15 to 20 |
13% |
|
Nifty 50 |
Index |
Large cap |
|
|
|
|
7.84% |
|
Nifty Mid cap |
Index |
Mid cap |
|
|
|
|
6.10% |
|
Nifty 500 |
Index |
Multi cap |
|
|
|
|
6.72% |
