Best Equity Funds To Invest In 2024

ICICI Pru Technology Direct Plan

Growth - Rs 8794 crores; 5-Year Returns (in %) 23.99. It is one of the top-performing technology-focused funds with strong long-term capital appreciation potential but also higher volatility.

Quant Small Cap Fund Direct Plan

Growth- Rs 2580 crores; 5-Year Returns (in %) - 24.52 It is an open-ended small-cap equity fund that aims to generate long-term capital appreciation by investing in small-cap stocks using a quant model.

SBI Technology Opportunities Fund Direct

Growth- Rs 2832 crores; 5-Year Returns (in %) - 23.47. It is an open-ended equity scheme investing predominantly in technology and allied companies. It aims to generate long-term capital appreciation for investors with very high-risk appetite seeking focused exposure in the technology sector.

Tata Digital India Fund Direct

Growth- Rs. 6804 crores; 5-Year Returns (in %)- 24.49. It is an open-ended equity scheme investing in technology and technology-enabled companies expected to benefit from digital India initiatives. It aims to generate long-term capital growth for investors with very high-risk appetite.

Franklin India Smaller Companies Fund Direct-

Growth- Rs. 11,397.83; 5-Year Returns (in %) - 24.20. It is an open-ended equity fund that primarily invests in stocks of small-cap companies in India.

HDFC Large and Mid Cap Fund Direct

Growth- Rs. 15,021.94 crores; 5-Year Returns (in %) - 21.26. HDFC Large and Mid Cap Fund Direct is an open-ended equity scheme investing in both large-cap and mid-cap stocks.

Nippon India Large Cap Fund Direct

Growth- Rs. 20,217.64 crores; 5-Year Returns (in %) - 18. Nippon India Large Cap Fund Direct is an open-ended equity scheme predominantly investing in large-cap stocks.

HDFC Top 100 Fund Direct

Growth- Rs. 30,261.72 crores; 5-Year Returns (in %) -16.73. It is an open-ended equity scheme that invests predominantly in large-cap stocks.

Sundaram Mid Cap Fund Direct

Growth- Rs. 6,804.62; 5-Year Returns (in %) - 26.40. It is an open-ended equity scheme that invests predominantly in mid-cap stocks.