Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Quant Smallcap among 16 equity mutual funds that multiply lumpsum investments by over 2.3x in 5 years

Published

on

Quant Smallcap among 16 equity mutual funds that multiply lumpsum investments by over 2.3x in 5 years
Around 16 equity mutual funds have multiplied investors’ lumpsum investments by over 2.3 times in the last five years, an analysis by ETMutualFunds showed. There were 209 funds in the said time period.

Motilal Oswal Midcap Fund was the top performer and multiplied the lumpsum investment by 2.58 times in the last five years. A lumpsum investment of Rs 1 lakh made in this fund would have been Rs 2.58 lakh now with a CAGR of 20.90%.

Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh

Bandhan Small Cap Fund multiplied the same investment by 2.52 times in the last five years, followed by two funds from Nippon India Mutual Fund. Nippon India Growth Mid Cap Fund and Nippon India Small Cap Fund multiplied the investments by 2.50 times each.

Quant Small Cap Fund multiplied the lumpsum investment by 2.49 times in the last five years, followed by HDFC Mid Cap Fund which multiplied the investments by 2.44 times. Invesco India Smallcap Fund and Motilal Oswal Large & Midcap Fund multiplied Rs 1 lakh lumpsum investment by 2.43 times each.

Advertisement


Invesco India Midcap Fund, Bank of India Small Cap Fund and Edelweiss Mid Cap Fund multiplied the same lumpsum investment by 2.42 times, 2.41 times and 2.40 times respectively.
Nippon India Multi Cap Fund multiplied this lumpsum investment by 2.38 times in the last five years, followed by four mid cap funds.HSBC Midcap Fund, ICICI Pru Midcap Fund, Mahindra Manulife Mid Cap Fund and Sundaram Mid Cap Fund multiplied the wealth by 2.37 times, 2.34 times, 2.33 times and 2.30 times respectively.

Others in the list

HSBC Small Cap Fund multiplied the lumpsum investment by 2.29 times in the last five years. HDFC Flexi Cap Fund multiplied the investment by 2.17 times in the same time period.

SBI Contra Fund, the oldest and largest contra fund, multiplied the investment by 2.15 times. SBI ELSS Tax Saver Fund, the oldest ELSS fund, multiplied the investment by 2.12 times. HDFC Small Cap Fund multiplied the same investment by 2.12 times.

Parag Parikh Flexi Cap Fund, the largest active and flexi cap fund based on assets managed, multiplied the same lumpsum investment by 1.97 times and gave a CAGR of 14.52% in the last five years.

Two funds from Kotak Mutual Fund – Kotak ELSS Tax Saver Fund and Kotak Flexicap Fund multiplied the investment by 1.73 times each. Axis Focused Fund was the last one in the list and multiplied the investment by 1.24 times in the last five years.

Also Read |
ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea

Advertisement

Note, the above exercise is not a recommendation. The exercise was done to find which equity mutual funds multiplied the investments by 2.3 times in the last five years. One should not make investment or redemption decisions based on the above exercise.

One should always consider their risk appetite, investment horizon and financial goals before considering any fund for investment.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.

Advertisement
Add ET Logo as a Reliable and Trusted News Source

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Harley-Davidson under fire over alleged ‘woke’ leadership

Published

on

Harley-Davidson under fire over alleged 'woke' leadership

Harley-Davidson’s recent executive hires risk alienating Americans fed up with alleged wokeness from corporate icons like the motorcycle manufacturer, a conservative activist is warning.

Robby Starbuck, who has waged a public campaign against corporate diversity, equity and inclusion (DEI) policies and wokeness, criticized Harley-Davidson in a post on X for appointing Artie Starrs as CEO last year due to his sponsorship of groups contributing to San Francisco Pride and offering antiracism training to teachers while in his previous corporate stops.

Advertisement

Starbuck led a consumer boycott against Harley-Davidson in 2024, which prompted the company to announce a rollback of DEI programs, but he warned that the hire suggests the company wasn’t committed to those changes over the long-term.

“Harley-Davidson’s recent hires show me they didn’t learn anything from the backlash they already faced for going woke,” Starbuck told FOX Business.

WHITE HOUSE STUDY SAYS DEI POLICIES COST US ECONOMY BY PROMOTING UNQUALIFIED MANAGERS

People in a Harley-Davidson store

Harley-Davidson is facing criticism over recent executive hires. (Scott Olson/Getty Images)

“You can’t tell working-class American riders that you respect them while filling leadership with people tied to woke policies, DEI activism and cultural radicalism. It is out of step with Harley’s customer base and heritage,” Starbuck said.

Advertisement

“At this point, enough is enough. They don’t deserve another chance. It’s time for riders to go elsewhere. Only through a real power struggle can Harley be saved,” he added.

Starbuck’s social media criticism of Harley-Davidson also included the company’s chief brand officer, Marcus Fischer, who previously led an advertising agency and encouraged efforts to boost transgender representation.

Ticker Security Last Change Change %
HOG HARLEY-DAVIDSON INC. 24.35 +0.10 +0.41%

IS CORPORATE AMERICA BREAKING UP WITH DEI OR JUST TAKING ITS RELATIONSHIP UNDERGROUND?

“I expose this stuff because consumers deserve to know who is running the brands they support and what values those companies are pushing behind the scenes,” Starbuck said. “This isn’t about revenge. It’s about accountability. Companies should be politically neutral, merit-based and focused on making great products, not chasing approval from far-left activists.”

Advertisement

“My goal is to give forgotten consumers a voice and make it clear that if brands keep choosing woke ideology over their customers, those customers can and should walk away. There are consequences for woke behavior and woke executives,” he added.

Robby Starbuck interview

Conservative activist Robby Starbuck said that Harley-Davidson’s hires shown it hasn’t learned from the 2024 anti-DEI backlash. (Bess Adler/Bloomberg via Getty Images)

DEI DISCLOSURE PARTICIPATION PLUMMETS AMONG MAJOR COMPANIES AS CORPORATE PULLBACK CONTINUES

FOX Business has reached out to Harley-Davidson for comment.

Harley-Davidson provided a statement to USA Today in a report about Starbuck’s criticism that defended its CEO.

Advertisement

“Since stepping into the role eight months ago, CEO Artie Starrs has spent time across the country listening directly to our riders, dealers, employees, and unions,” Harley-Davidson said in the statement. 

“As our dealers and employees can attest, our only agenda is getting back to basics: building great motorcycles, strengthening our network of 500+ U.S. dealers, and supporting a workforce that is proud of the product they put on the road. We have made meaningful improvements and changes, and that work continues,” the company added.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement
Continue Reading

Business

TOMY recalls 40,000 baby bottles sold at Walmart over choking hazard

Published

on

TOMY recalls 40,000 baby bottles sold at Walmart over choking hazard

TOMY International issued a recall Thursday for roughly 40,000 reusable baby bottles sold exclusively at Walmart after more than 130 reports were sent in about a potential choking hazard.

The advisory impacts Boon NURSH 8 oz reusable baby bottles, specifically the three-pack bottles sold in the “pink tie-dye” color pattern, according to the U.S. Consumer Product Safety Commission (CPSC).

Advertisement
Boon NURSH 8 oz Reusable Baby Bottles

At least 135 reports were received about the recalled Boon NURSH 8 oz Reusable Baby Bottles. (CPSC / Fox News)

WALMART WARNS SHOPPERS COULD FACE HIGHER PRICES AS FUEL COSTS SURGE, TAX REFUNDS DRY UP

The CPSC said the hard plastic outer shell of the bottle can bubble or partially peel off, which creates loose pieces of plastic film that pose a choking risk to young children.

The affected products, which were manufactured in Vietnam, were sold at Walmart stores nationwide and online at Walmart.com from November 2025 through May 2026 for around $20. 

A Walmart store in Illinois.

FILE – The baby bottles were sold exclusively at Walmart, according to officials. (Christopher Dilts/Bloomberg via Getty Images / Getty Images)

ASBESTOS FEARS SPARK URGENT RECALL OF 120K+ SQUEEZE TOYS SOLD AT WALMART, OLLIE’S

Advertisement

So far, TOMY has received 135 reports of the outer plastic shell bubbling or peeling, though no injuries have been reported.

Consumers are urged to stop using the recalled baby bottles immediately. 

Boon NURSH 8 oz Reusable Baby Bottles

The Boon NURSH 8 oz Reusable Baby Bottles were recalled due to a choking hazard. (CPSC / Fox News)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Ticker Security Last Change Change %
WMT WALMART INC. 119.77 +2.03 +1.72%

Customers can contact TOMY to receive a replacement set of three bottles in a different color or a refund in the form of a $22 store credit for booninc.com.

Advertisement

TOMY and Walmart did not immediately respond to FOX Business’ request for comment.

Continue Reading

Business

India Meteorological Department to use dynamic models for forecasts

Published

on

ET Search
PUNE: The statistical models used by the India Meteorological Department (IMD) had failed to predict all the three droughts in India in the last decade. Though statistical models will still be used for monsoon forecast, the ministry of earth sciences is putting more emphasis on dynamic models.

M Rajeevan of National Atmospheric Research Laboratory said, “the failure to predict the 2009 drought has raised many serious issues. On the other hand, the state-of-the art coupled ocean atmospheric models have sho-wed improved skills in predicting inter annual variability of Indian summer monsoon rainfall.”

He was speaking at the golden jubilee conference of Indian Institute of Climate Change (IITM), Pune, on ‘opportunities and challenges in monsoon prediction in changing climate’. Since 2011, the IITM has used the coupled model for monsoon forecast.
Better weather forecast needs data from all parts of the globe. “In every part of the world, farmers are saying that the climate is not as it used to be. Hence, traditional knowledge is also failing. For better prediction of weather, we need observations from all countries. We need super computers of even higher capacities. We need to have knowledge about how to translate scientific progress into concrete applications,” said Michel Jarraud, secretary general, World Meteorological Organisation.

Continue Reading

Business

Genius Group Limited (GNS) Discusses AI Treasury Strategy and Execution of Phase 1 – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Genius Group Limited (GNS) Discusses AI Treasury Strategy and Execution of Phase 1 – Slideshow

Continue Reading

Business

Marvell Technology options trading surges to 605,010 contracts

Published

on


Marvell Technology options trading surges to 605,010 contracts

Continue Reading

Business

Marks and Spencer could leave Lancashire town for bigger site

Published

on

Business Live

New Burscough site would be three times the size of Ormskirk site

The plans for the new Marks & Spencer store near Ringtail Retail Park in Burscough.

The plans for the new Marks & Spencer store near Ringtail Retail Park in Burscough(Image: M&S)

Marks & Spencer could close its Ormskirk town centre store and move to a new, bigger site at Burscough.

Advertisement

The retailer is working on plans for a new 18,000 sq ft food-hall near Ringtail Retail Park in Burscough. The new site would be three times the size of the current M&S food store in Ormskirk, according to M&S.

Existing staff working in the Ormskirk site will transferred to the new site and around 25 additional jobs will be created, if the changes go ahead. The Ormskirk shop, off Market Way, would close.

Property developer Rothstone Estates is working with the retailer on plans for the proposed new Burscough site, near the A59 Liverpool Road South and Pippin Street roundabout. Customers would access the store from High Lane. The site was previously occupied by a care home.

M&S has opened a public survey on-line, asking people about the idea.

Advertisement

It said: “We have been searching for a new site locally for some time, so we can provide a better shopping experience and wider product range for customers. We are keen to secure our future locally so we can continue to offer our high quality, award-winning products for Burscough and Ormskirk residents. If planning is approved, the new store will stock the full M&S food range, including fresh produce and the latest product launches.”

The plan includes an in-store bakery, dedicated flower and wine shops, and a click and collect point for on-line orders.

Outside, 152 parking spaces are proposed and electric vehicle charging points. Landscaping is also around the site perimeter. M&S expects the new site will be open from 8am-9pm on Mondays to Saturdays, and 10am to 4pm on Sundays.

West Lancashire Council is expected to handle the Burscough planning application, if M&S goes ahead with the ideas. The plan could spark a debate among councillors, businesses and residents about the impact on Ormskirk, the local economies of different towns and future traffic levels in Burscough.

Advertisement

M&S says it has long-standing relationships with 9,000 select farms across the UK including 20 in Lancashire.

Rothstone Estates is described as a specialist in mixed-use property schemes, roadside and food retail developments. Based in Yorkshire, it has worked on developments across the country including other new M&S stores.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

Advertisement
Continue Reading

Business

FF Global Holdings Pursues U.S. IPO On Excessive Valuation

Published

on

FF Global Holdings Pursues U.S. IPO On Excessive Valuation

FF Global Holdings Pursues U.S. IPO On Excessive Valuation

Continue Reading

Business

LK Advani’s ‘gift’ makes its way to State Department exhibition hall

Published

on

ET Search
WASHINGTON: An elephant figurine, made up of artificial pearls and semi-precious stones, which was gifted by the then Indian Home Minister Lal Krishna Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department exhibition hall.

“Secretary Colin Powell received this gift from Indian Minister of Home Affairs Lal Krishna Advani,” the State Department said in its remarks written at the bottom of the elephant figurine.

In fact, it is one of the less than 50 gifts among the hundreds of those received by the Secretary of State over the year by foreign dignitaries that have been selected for display at the Exhibit Hall, in the centre of Henry S Truman Building, headquarters of the State Department, official sources said.

Describing the gift, the State Department said, “with royal aplomb, the great man rides in the howdah, or canopied seat, as the mahout or guide in front leads the elephant”.

“This colourful cloisonne figurine harks back to times when elephants were an indispensable part of Indian life – for transportation, fighting battles, protecting land and traversing forests,” it said.

Advertisement


The elephant figurine was made by Neeru Goel, an Indian artist from Bengal, who specialises in enamelware sculptures.
The Department officials, while explaining the reason for the selection of this particular gift from India to be displayed at the exhibition hall, said that elephants are a cultural icon of the country, which over centuries have become a status symbol representing wealth, wisdom, and strength.

Continue Reading

Business

Trump to meet AI leaders to discuss US investment in their companies

Published

on

Trump to meet AI leaders to discuss US investment in their companies

The US president said on Friday he expects to meet the leaders of top AI companies next week.

Continue Reading

Business

Burgum calls California an energy desert amid policy missteps

Published

on

Burgum calls California an energy desert amid policy missteps

Trump officials are warning that California’s dependence on foreign oil has become more than an economic issue, arguing it now poses a broader national security concern as geopolitical tensions continue to affect global energy markets.

U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum joined FOX Business’ David Asman Friday on “Varney & Co.” to discuss domestic energy production, California’s reliance on imported crude and efforts to restart production at the offshore Sable Oil Project near Santa Barbara.

Advertisement

OIL PRODUCERS ORG SHREDS CALIFORNIA DEM FOR BLAMING IRAN WAR FOR HIS DISTRICT’S GAS PRICES

California Governor Gavin Newsom

Governor Gavin Newsom (D-CA) speaks to reporters inside the U.S. Capitol in Washington, D.C. (Nathan Posner/Anadolu / Getty Images)

California remains one of the nation’s largest energy-consuming states, but its in-state oil production has steadily declined over the past several decades. As production has fallen and refinery capacity has shrunk, the state has increasingly turned to foreign suppliers to meet demand.

Wright said restarting previously drilled offshore wells could help reduce that dependence while strengthening energy security for military operations across the state.

CALIFORNIA BUSINESS OWNERS ‘WORKING FOR PEANUTS’ AS COSTS, RECORD GAS PRICES AND REGULATIONS DEVOUR PROFITS

Advertisement

“We have 30 military facilities in California, which gets over 60% of its oil imported from overseas,” Wright said.

“This is a way to increase energy security for our military operations in California and start to change the game for businesses and consumers in the state of California.”

The comments come as energy security has reemerged as a major policy issue amid ongoing instability in parts of the Middle East and continued debate over domestic oil production.

Advertisement

Burgum argued that Gov. Gavin Newsom’s energy policies have increased reliance on foreign suppliers while contributing to higher fuel costs for residents.

Doug Burgum

Interior Secretary Doug Burgum delivers remarks outside the White House on March 19, 2025 in Washington, D.C. (Getty Images)

ENERGY SECRETARY CHRIS WRIGHT WARNS CALIFORNIA’S ENERGY CRISIS UNDER NEWSOM COULD THREATEN NATIONAL SECURITY

“They’re regulating refineries out of existence. California… imports… 60% of their oil from foreign countries. That is an absolute national security risk,” Burgum stressed.

He pointed to Iraq as California’s top foreign oil supplier earlier this year and said the state has become increasingly dependent on imported energy as refinery capacity has declined.

Advertisement

“The number one importer into California on February 1 of this year was Iraq… They’ve [California] turned themselves into an energy desert, an energy island,” he continued.

ZELDIN TOUTS US ENERGY FUTURE, SAYS INDO-PACIFIC NATIONS INCREASINGLY INTERESTED IN AMERICAN SUPPLY

The Interior secretary also tied domestic energy production to broader economic and national security goals, arguing that reliable and affordable energy remains critical for manufacturing, electricity generation and emerging technologies such as artificial intelligence.

Advertisement

President Trump’s energy policies are making the nation more secure, the world more peaceful, and is absolutely making America more affordable,” Burgum said.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Continue Reading

Trending

Copyright © 2025