{
  "id": 13119507,
  "title": "Best performing equity mutual funds in Nigeria as of September 2026",
  "url": "https://urgent.news/2026/10/09/best-performing-equity-mutual-funds-in-nigeria-as-of-september-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T13:09:44.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/09/best-performing-equity-mutual-funds-in-nigeria-as-of-september-2026/"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}