Best performing equity mutual funds in Nigeria as of September 2026
Nigeria's equity mutual fund segment recovered to a net asset value of N243.84 billion as of September 25, 2026, up 5.78% from N230.50 billion recorded at the end of August, as improving market conditions supported a rebound in the segment following the pullback recorded in the prior month. The post Best performing equity mutual funds in Nigeria as of September 2026 appeared first on Nairametrics…
In September 2026, Nigeria's equity mutual fund segment saw a 5.78% increase in net asset value to N243.84 billion, recovering from a decline in the previous month. The segment, comprising 22 funds, accounts for 2.52% of Nigeria's total mutual fund assets. Despite being smaller than the money market segment, equity mutual funds continue to attract investors seeking higher returns and long-term capital appreciation.
The top 10 performing equity mutual funds recorded year-to-date returns ranging from 48.70% to 104.91%, with the segment's top performer recrossing the 100% return threshold. Notable performers include the Afrinvest Equity Fund, FCMBAM Equity Fund, and Meristem Equity Market Fund, all of which saw significant year-to-date returns and attracted new investors in September 2026.
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