New Delhi, Sept. 30 -- Even though the Indian stock markets have been consolidating, down 6 percent in the last 1 year, five equity mutual funds have broken the norm to deliver over 12 percent annual returns in the last 1 year.

These are: Aditya Birla Sun Life Nifty 50 Equal Weight index Fund, HDFC Nifty 50 Equal Weight Index Fund, Nippon India Large Cap Fund, Invesco India Large & Mid Cap Fund, and Motilal Oswal Large and Midcap Fund.

While India's long-term growth story remains intact, a series of global and domestic challenges like FPI outflows, US trade tension, H-1B visa announcement, and valuation concerns have weighed on investor sentiment in the Indian stock market.

A Systematic Investment Plan (SIP) is a disciplined method of ...