So far this year, Sensex was up about 8 percent and Nifty was up about 9 percent.
The effect of the boom in the market was also visible on mutual fund schemes and investors have got very good returns.
According to a media report, about 260 mutual fund schemes have given an average return of 17.67 percent in the first half of 2024.
The top mutual fund schemes in terms of returns were from the midcap and smallcap categories.
Quant Midcap Fund, JM Midcap Fund, ITI Midcap Fund and Motilal Oswal Midcap Fund are on top with over 30 per cent returns since the beginning of 2024.
JM Flexi Cap Fund, Quant Value Fund, Quant Large and Midcap Fund, ICICI Prudential Midcap Fund and LIC Small Cap Fund are among the top 10 schemes with returns ranging from 27 per cent to 29 per cent.
Nippon India Small Cap Fund, the largest fund by asset value, has given returns of about 21 per cent.
At the same time, HDFC Midcap Opportunity Fund, the largest fund in the midcap category, has given returns of more than 20 percent to investors so far in 2024.
Mirae Assets Focused Fund gave the lowest returns of about 7 percent to investors in the beginning of 2024.
The effect of the boom in the market was also visible on mutual fund schemes and investors have got very good returns.
According to a media report, about 260 mutual fund schemes have given an average return of 17.67 percent in the first half of 2024.
The top mutual fund schemes in terms of returns were from the midcap and smallcap categories.
Quant Midcap Fund, JM Midcap Fund, ITI Midcap Fund and Motilal Oswal Midcap Fund are on top with over 30 per cent returns since the beginning of 2024.
JM Flexi Cap Fund, Quant Value Fund, Quant Large and Midcap Fund, ICICI Prudential Midcap Fund and LIC Small Cap Fund are among the top 10 schemes with returns ranging from 27 per cent to 29 per cent.
Nippon India Small Cap Fund, the largest fund by asset value, has given returns of about 21 per cent.
At the same time, HDFC Midcap Opportunity Fund, the largest fund in the midcap category, has given returns of more than 20 percent to investors so far in 2024.
Mirae Assets Focused Fund gave the lowest returns of about 7 percent to investors in the beginning of 2024.
