7 small-cap mutual that have performed above their benchmarks in 5 years
Quant Small Cap Fund, Bank of India Small Cap Fund, Nippon India Small Cap Fund, and Edelweiss Small Cap Fund have been some of the top performers in the last five years.
Small-cap mutual funds invest their money in small-cap companies. These companies have a market value of lower than Rs 5,000 crore. Small-cap mutual funds are high risk and rise and fall fast with market fluctuations. Many small-cap mutual funds, however, have beaten their respective benchmarks in the last 5 years. Here is a list of small-cap mutual funds that are benchmark beaters (As per Association of Mutual Funds in India data as on April 25). The benchmark for the top six funds in the list is NIFTY Smallcap 250 Total Return Index.
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Quant Small Cap Fund
The fund at the top has given 39.78% returns in its direct plan in the 5-year period. Its benchmark, NIFTY Smallcap 250 Total Return Index, has given 25.02% returns in the same time. The fund's assets under management (AUM) are worth Rs 19,417.09 crore, while its net asset value (NAV) is Rs 268.4744.
Bank of India Small Cap Fund
The fund from has given 33.82% returns in the 5 years. The fund's AUM is Rs 1,035.51 crore while its NAV is Rs 45.3500.
Nippon India Small Cap Fund
The fund at No. 3 position has given 31.74% returns in the 5-year period. It has a large AUM of Rs 49,234.55 crore while its NAV is Rs 168.9917.
Edelweiss Small Cap Fund
The fund's returns in the 5 years are 30.39%. Its AUM is Rs 3,360.03 crore while the NAV size is Rs 41.6920.
Tata Small Cap Fund
The fund from Tata has given 29.60% returns. While it has AUM of Rs 6,820.34 crore, the NAV for the fund is Rs 38.9525.
Canara Robeco Small Cap Fund
The fund has given 29.51% returns in the 5-year period. It has an AUM of Rs 10,039.55 crore, while the fund's NAV is Rs 37.9400.
Invesco India Smallcap Fund
The fund's returns in the 5 years are 28.54%. Its AUM is Rs 3,924.79 crore while its NAV is Rs 37.3500. It has outperformed its benchmark S&P BSE 250 SmallCap Total Return Index, which has given 24.13% return in the same period.