Best mutual funds, March 15 -- Prior to investing in a mutual fund scheme, investors tend to compare the returns given by that scheme vis-a-vis other schemes in the same category.

Notably, rational investors - besides past returns - weigh other factors as well which include the past performance of fund manager, reputation of fund house and overall macro economic factors, among other factors.

However, regardless of these factors - past returns certainly play an important role in an investor's decision making.

Here we list out the flexi cap mutual funds which delivered over 15 percent annualised returns in the past three years. To put this in perspective, when someone invests in a mutual fund scheme that delivers over 15 percent return o...