An ETMutualFunds analysis revealed that 12 equity mutual funds, including Parag Parikh Flexicap, Quant Smallcap, HDFC Midcap, and Nippon India Smallcap Fund, consistently delivered over 20% CAGR across three, five, and seven-year periods. The study covered 177 equity funds with over seven years of track record, excluding hybrid, sectoral, and thematic schemes. Quant Smallcap Fund and Invesco India Midcap Fund emerged as top performers across timeframes.
