Investing in mutual funds is an effective way to grow your wealth in the long run. However, choosing which mutual fund to invest in is not an easy task due to the multitude of options that need to be researched.
So, this article will suggest the TOP 5 mutual funds with the highest returns that you may consider investing in.
Read more: What is a mutual fund?
| Rank | Mutual Fund Name | Issuer | Average Annual Return (last 3 years) | Last 6 months return |
|---|---|---|---|---|
|
1 |
VESAF |
VINACAPITAL |
26.67% |
25.64% |
|
2 |
VEOF |
VINACAPITAL |
19.99% |
20.86 % |
|
3 |
VCBF-BCF |
VIETCOMBANK FUND |
17.44% |
18.58 % |
|
4 |
SSISCA |
SSIAM |
16.97% |
34.76 % |
|
5 |
VNDAF |
IPAAM |
16.57% |
24.15 % |
Ranking of mutual funds (based on annual returns in the last 3 years) – Data updated to 17/05/2023 – Source: Fmarket.
The table above shows the top 5 mutual funds with the best yield rates in the market for the past 3 years. Please note: The table also displays the profit in the last 6 months, but to evaluate the performance of the funds, it is more accurate to evaluate over a longer period.
Now, let’s look at the resilience of these 5 mutual funds when the market plummeted in 2022, a year when the VNINDEX lost 32.8% of its value.
| Mutual Fund Name | Issuer | Investment efficiency in 2022 |
|---|---|---|
|
VESAF |
VINACAPITAL |
-24.4 |
|
VEOF |
VINACAPITAL |
-21.2 |
|
VCBF-BCF |
VIETCOMBANK FUND |
-18.08 |
|
SSISCA |
SSIAM |
-26.1 |
|
VNDAF |
IPAAM |
-21.57 |
Investment efficiency of the funds in 2022 – Data taken from the investment efficiency reports of the funds in 2022 published on the official website of the funds.
As we can see, all 5 mutual funds suffered significant losses in 2022.
However, compared to the drop of the VNINDEX (-32.8%), investing in mutual funds helped investors significantly reduce their risk. In fact, many individual investors suffered losses far exceeding this level.
Let’s look at the details of each mutual fund:
VINACAPITAL-VESAF
Issued by VinaCapital, one of the top reputable investment funds in Vietnam with over 20 years of experience in the investment field.
The fund’s goal: focus on investing in small and medium-sized companies with high growth potential.
With an average annual return of 26.63% in the recent 3 years, VINACAPITAL-VESAF ranks first in the list of mutual funds with the highest returns.
| Stock | Industry | % of asset value |
|---|---|---|
|
FPT |
Technology and Information |
13.66
|
|
QNS |
Other |
5.62 |
|
MWG |
Retail |
5.46 |
|
MBB |
Banking |
4.9 |
|
PVS |
Mining |
4.04 |
Fund’s investment portfolio updated on 17/05/2023 – Source: Fmarket.
VINACAPITAL-VEOF
This is also a mutual fund issued and managed by VinaCapital.
The fund’s goal: invest in large and medium-sized companies, leading companies in their fields.
A notable feature of this fund is its focus on investing in stocks of companies in industries such as information technology and banking,…
With an average annual return of 19.96% in the recent 3 years, VINACAPITAL-VEOF ranks second on our list of mutual funds with the highest returns.
| Stock | Industry | % of asset value |
|---|---|---|
|
FPT |
Technology and Information |
10.11 |
|
VCB |
Banking |
9.21 |
|
GAS |
Utilities |
5.01 |
|
STB |
Banking |
4.85 |
|
PNJ |
Auxiliary Manufacturing |
4.5 |
Fund’s investment portfolio updated on 17/05/2023 – Source: Fmarket.
VIETCOMBANK FUND-VCBF-BCF
- Issued and managed by Vietcombank, one of the largest banks in Vietnam.
- The fund’s goal: to generate long-term capital appreciation by investing in a diversified portfolio of primarily Vietnam equities.
- With an average annual return of 17.44% in the past 3 years, VCBF-BCF ranks third on our list.
| Stock | Industry | % of asset value |
|---|---|---|
|
STB |
Banking |
9.74 |
|
FPT |
Technology and Information |
8.87 |
|
MBB |
Banking |
7.99 |
|
HPG |
Construction Materials |
6.03 |
|
MWG |
Retail |
5.72 |
Fund’s investment portfolio updated on 17/05/2023 – Source: Fmarket.
SSIAM-SSISCA
This fund is issued by SSIAM, a member of SSI Securities Corporation.
The fund’s goal: to achieve medium to long-term capital appreciation by investing mainly in listed companies.
With an average annual return of 16.97% in the past 3 years, SSISCA ranks fourth on our list.
| Stock | Industry | % of asset value |
|---|---|---|
|
FPT |
Technology and Information |
18.49 |
|
MWG |
Retail |
10.85 |
|
STB |
Banking |
4.64
|
|
MBB |
Banking |
4.58 |
|
CTG |
Banking |
4.5 |
Fund’s investment portfolio updated on 17/05/2023 – Source: Fmarket.
IPAAM-VNDAF
- Managed by IPAAM, a prominent asset management company in Vietnam.
- The fund’s goal: to achieve long-term growth by investing in a diversified portfolio of primarily Vietnam equities.
- With an average annual return of 16.57% in the past 3 years, VNDAF ranks fifth on our list.
| Stock | Industry | % of asset value |
|---|---|---|
|
HPG |
Construction Materials |
6.17 |
|
VRE |
Real Estate |
4.53 |
|
ACB |
Banking |
4.46 |
|
GAS |
Utilities |
4.05 |
|
VPB |
Banking |
4.01 |
Fund’s investment portfolio updated on 17/05/2023 – Source: Fmarket.
Summarize
Overall, these mutual funds have all demonstrated impressive average annual returns in the past three years. This reflects their ability to generate consistent profits and shows good growth potential.
It is easily observable that among the top 5 mutual funds with the highest returns over the last three years, two are from VinaCapital.
This indicates the strong investment performance delivered by VinaCapital over time. You can find out more about the VinaCapital fund just below.
Buy VinaCapital fund certificates right on Timo digital bank’s app. Invest anytime with just 100,000 VND.
