Top Mutual Funds: Today, people are investing heavily in mutual funds. There was a time when people used to shy away from investing in them, primarily because the returns generated by mutual funds depend on the fluctuations of the stock market. Consequently, these returns can vary, being either higher or lower.

Despite being fully aware of the inherent risks, people continue to invest in mutual funds. This is because there is a potential to earn returns ranging from 12% to 14%—or even higher. Today, we are going to tell you about five such funds that have delivered the best returns over the past year.

Which Fund Delivered the Highest Returns?
Fund                                                                          | Return              | Expense Ratio     | NAV
Nippon India Taiwan Equity Fund                                 | 237%              | 0.98                   | ₹37.02
ICICI Pru NASDAQ 100 Index Fund                          | 22.75%                | 0.51               | ₹22.75
Franklin Asian Equity Fund                                       | 44.41%              | 1.54                  | ₹44.41
Motilal Oswal S&P 500 Index Fund                           | 31.54%             | 0.65                 | ₹31.54
Motilal Oswal Nifty Capital Market Index Fund           | 12.44%              | 0.49               | ₹12.44

Along with the returns, we have also provided the Expense Ratio and NAV for the funds listed above. Before investing in any fund, do not base your decision solely on the returns it has generated in previous years. This is because there is no guarantee that funds that have performed well in the past will necessarily continue to deliver superior returns in the future.

Therefore, you should also take into account various charges—such as the Expense Ratio—as well as other risk factors. Additionally, check to see which specific asset classes are included within the fund's portfolio.