Invest Smart: 10 Mutual Fund Schemes That Delivered 12% to 21% Returns

In the past six months, the market has witnessed a significant correction, leaving many investors concerned about their portfolios. Despite this volatility, certain mutual funds have managed to outperform their benchmarks and peers. Analyzing such funds can help investors identify opportunities to enhance portfolio performance. This article highlights 10 mutual fund schemes that delivered 1-year returns ranging between 12% and 21% from 10 March 2024 to 9 March 2025.

Table of Contents

1. Motilal Oswal Large Cap Fund
2. Motilal Oswal Small Cap Fund
3. Motilal Oswal Midcap Fund
4. Motilal Oswal Flexi Cap Fund
5. Bandhan Small Cap Fund
6. Invesco India Mid Cap Fund
7. Invesco India Focused Fund
8. WhiteOak Capital ELSS Tax Saver Fund
9. LIC MF ELSS Tax Saver Fund
10. SBI Multicap Fund

These funds include equity schemes but exclude ETFs, global funds, thematic, or sector-specific funds.

Motilal Oswal Large Cap Fund
The Large Cap Fund focuses on long-term capital appreciation by investing primarily in large-cap stocks. With a 1-year return of 21.2%, this fund has emerged as a strong performer despite being relatively new. Large-cap funds tend to be more stable than mid and small-cap funds, making this scheme suitable for conservative to moderate investors seeking steady growth over time.

Motilal Oswal Small Cap Fund
Small-cap funds aim to provide capital growth by investing in smaller companies with high growth potential. This fund recorded a 1-year return of 20.9%. Although small-cap funds can be highly volatile, investors with a higher risk appetite and a long-term horizon can benefit significantly from this scheme.

Motilal Oswal Midcap Fund
The Midcap Fund targets medium-sized companies with strong growth prospects. It achieved a 1-year return of 17.5%, with three-year annualized returns of 31.7% and five-year annualized returns of 28.6%. Midcap funds offer a balance between risk and return, making this fund suitable for investors looking for moderate-to-high growth potential.

Motilal Oswal Flexi Cap Fund
Flexi-cap funds invest across all market capitalizations, offering diversification across large, mid, and small caps. This fund delivered a 1-year return of 16.3% and long-term performance remains strong with three-year annualized returns of 23.7% and five-year annualized returns of 17.2%. Investors seeking a balanced approach across different market segments may find this fund attractive.

Bandhan Small Cap Fund
Focused on small-cap stocks, this fund achieved a 1-year return of 16.1%. Small-cap funds often provide high returns but come with increased volatility. Investors should carefully consider their risk tolerance before including this fund in their portfolios.

Invesco India Mid Cap Fund
Midcap funds like this aim for capital appreciation by investing in mid-sized companies with solid fundamentals. The fund recorded a 1-year return of 15.2%, making it suitable for investors with a moderate risk appetite seeking potential growth over a medium-term horizon.

Invesco India Focused Fund
This focused fund invests in a concentrated portfolio of selected stocks, achieving a 1-year return of 14.6%. Focused funds carry higher risk due to limited diversification, making them suitable for investors willing to take on additional risk for the possibility of higher returns.

WhiteOak Capital ELSS Tax Saver Fund
This equity-linked savings scheme (ELSS) provides tax benefits under Section 80C while targeting capital growth. Launched in October 2022, the fund recorded a 1-year return of 12.4%. ELSS funds are an excellent option for investors looking to save on taxes while investing for long-term wealth creation.

LIC MF ELSS Tax Saver Fund
Similar to other ELSS schemes, this fund combines tax-saving benefits with equity growth. It recorded a 1-year return of 12.2% with consistent long-term performance. Investors seeking both tax savings and capital appreciation may consider this option.

SBI Multicap Fund
Multicap funds invest across market capitalizations, providing diversification and reducing overall risk. This fund delivered a 1-year return of 12.2%. By spreading investments across large, mid, and small-cap stocks, it offers balanced exposure suitable for moderate-risk investors.

Conclusion
The 10 mutual funds listed above have delivered notable returns despite recent market volatility. While past performance does not guarantee future results, analyzing these funds can provide valuable insights for investors. Selecting mutual funds should be based on individual risk appetite, investment goals, and financial horizon. Diversifying across large-cap, mid-cap, small-cap, and flexi-cap funds can help manage risk while capturing growth opportunities. For investors aiming to enhance their portfolios in 2025, these schemes present options worth considering, balancing potential returns with risk management.