Mutual funds that invest in small companies (a subset of equity mutual funds) tend to be riskier than their larger and larger company counterparts. The stock market’s instability affects their results. Experts in the field of personal finance agree that, for an investor with a high tolerance for risk, these funds have the potential to create substantial wealth over time.
Based on information provided by SMC, one of India’s most prominent financial service providers, the best performing small-cap funds over the past year in India are as follows: HDFC Small Cap, Quant Small Cap, Franklin India Smaller Companies, Nippon India Small Cap, Tata Small Cap, HSBC Small Cap, ITI Small Cap, DSP Small Cap, Sundaram Small Cap, Invesco India Smallcap.
Top 10 small-cap funds that delivered the best return in one year
1) HDFC Small Cap Fund-Growth
The HDFC Small Cap Fund-Growth has generated returns of 41.30 percent in a single year.
2)Quant Small Cap Fund-Growth
The Quant Small Cap Fund-Growth has generated returns of 39.60% during the past year.
3)Franklin India Smaller Companies Fund – Growth
The Franklin India Smaller Companies Fund – Growth was able to achieve returns of 36.50 percent over the course of a single year.
4)Nippon India Small Cap Fund – Reg – Growth
The Nippon India Small Cap Fund-Reg-Growth has generated returns of 36% over the course of a single year.
5)Tata Small Cap Fund – Reg – Growth
The Tata Small Cap Fund – Reg – Growth has generated gains of 34.50% over the course of a one year.
6)HSBC Small Cap Fund – Reg – Growth
In just one year, the HSBC Small Cap Fund – Reg – Growth generated gains of 30.30 percent.
7)ITI Small Cap Fund – Reg – Growth
ITI Small Cap Fund – Reg – Growth has generated annualised returns of 29.90% during the past year.
8)DSP Small Cap Fund – Reg – Growth
The DSP Small Cap Fund – Reg – Growth generated gains of 28.40% over the course of a one year.
9)Sundaram Small Cap Fund – Reg – Growth
The Sundaram Small Cap Fund – Reg – Growth has generated returns of 28% over the course of a single year.
10)Invesco India Smallcap Fund – Reg – Growth
The Invesco India Smallcap Fund – Reg – Growth has generated gains of 27% over the course of a one year.
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Disclaimer: We advise investors to check with certified experts before taking any investment decisions.
Akash Jha
