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. Large equity schemes are a matter of prestige for fund houses as they not only bring in higher revenues but also show investors’ confidence in these schemes. They are often managed by a senior team member or the chief investment officer and receive highest attention from the fund management team and top management. ET brings you five such schemes that collectively manage Rs 1.06 lakh crore and account for 16.3 per cent of the industry’s open-ended equity AUM of Rs 6.52 lakh crore and have attracted a large number of retail as well as HNI investors’ money over the past decade. Wealth managers believe size is not a deterrent for investors putting in money in these open-end schemes, unless the mandate is very narrow or focused. “The BSE 500 has a free float of ₹64.9 lakh crore. This accounts for 93 per cent of the market capitalisation of Indian markets. A fund of Rs 20,000 crore is merely 0.3 per cent of the free float and hence broadly size is not a challenge,” says Vidya Bala, head of research, Fundsindia.com. With inflows into equity mutual fund schemes rising rapidly, we take a look at the five equity mutual fund schemes whose assets have crossed over Rs 20,000 crore.