These 2 Growth Opportunities Funds Offered Up To 44% Returns In 2 Years, Check Other Details

Mutual funds are described as a portfolio of shares aggregated from various participants. Investing in mutual funds for a long period can offer good returns. Here, we have compared two growth opportunities funds. These funds seek to generate capital appreciation from a diversified portfolio of predominantly Equity and Equity Related Instruments of Large and Midcap companies. Check out returns and other details for a broad understanding of these funds.

Invesco India Growth Opportunities Fund - Direct Plan-Growth

This is an equity large and mid-cap mutual fund scheme from the Invesco Mutual Fund. It is an open-ended medium-sized fund of its category. The AUM or Asset Under Management of this fund is Rs 3965.15 crore. The NAV as of 18th April 2022 is 57.79. Its expense ratio is 0.62%, which is less than its category average expense ratio. 

This fund has been rated highly risky for investment. Also, the fund has given below-average performance among peer funds. However, it has been rated 2-star by the rating agency CRISIL. The fund has 98.45% investment in equities of which 48.26% is in large-cap stocks, 19.29% is in mid-cap stocks, and 9.18% is in small-cap stocks. 

For investment in this fund, the minimum amount required is Rs 1000 for Lump-sum investment and Rs 100 for the SIP. There has no-in period in this fund. However, for units over 10% of the investment, there will be 1% redemption charges or exit load if redeemed within 365 days.

Returns

Since its launch, it has delivered 16.63% average annual returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	20.00%	19.88%
2 Year	79.53%	33.93%
3 Year	52.60%	15.11%
5 Year	102.77%	15.18%
Since Inception	317.86%	16.63%

Axis Growth Opportunities Fund - Direct Plan-Growth

This is also a large and mid-cap mutual fund launched on 22 October 2018 by the Axis Mutual Fund. This is an open-ended medium-sized fund of its category. The AUM of this fund is Rs 7249.62 Crore. It has a NAV of Rs 21.67 declared on 18th April 2022. The expense ratio stood at 046%. Its current expense ratio is below its category average. 

It is a highly risky fund, and it doesn't guarantee returns. However, it has offered good returns since its inception. The fund has 66.05% investment in equities of which 16.38% is in large-cap stocks, 22.87% is in mid-cap stocks, and 12.58% in small-cap stocks. 

The minimum amount required for investment in this fund is Rs 5000, and for ISP it is Rs 1000. It has no lock-in period, but it also charges 1% for redemption within 365 days for units in excess of 10% of the investment. 

Returns

Since its launch, it has delivered 24.80% average annual returns. 

Investment Period	Absolute Returns	Annualised Returns
1 Year	28.45%	28.28%
2 Year	107.57%	44.00%
3 Year	98.44%	25.64%
Since Inception	116.70%	24.80%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.