Bandhan, Mahindra Manulife and Quant: 3 small cap funds you should track this month

Produced by: Basudha Das

Small caps

Mutual funds substantially raised their stake in select mid- and small-cap stocks in the March quarter.

Small cap equity funds

Small cap equity funds invest in small listed companies on the stock exchange. Small-cap funds are the best wealth creation tools for long-term or short-term financial goals.

Bandhan Small Cap Fund

Bandhan Small Cap Fund: Rs 4,385 cr worth of assets under management (Till March 31, 2024)

Bandhan Small Cap  Fund: Returns

1-year return   77.84% 3-year return     32.1%

Bandhan Small Cap  Fund invests in

Cholamandalam Financial Holdings Ltd., Apar Industries Ltd., REC Ltd., Arvind Ltd., Shaily Engineering Plastics Ltd.

Mahindra Manulife  Small Cap Fund

Mahindra Manulife Small Cap Fund: Rs 3,557 cr worth of assets under management (Till March 31, 2024)

Mahindra Manulife Small Cap Fund: Returms

1-year return     73.62%

Mahindra Manulife Small Cap Fund invests in

Century Textiles & Industries Ltd., Reliance Industries Ltd., REC Ltd., Grasim Industries Ltd., Coal India Ltd.

Quant Small Cap fund

Quant Small Cap fund: Rs 17,349 crs  worth of assets under management (Till March 31, 2024)

Quant Small Cap  fund: Returns

1-year return   71.68% 3-year return    39.4%

Quant Small Cap fund  invests in

Reliance Industries Ltd., JIO Financial Services Ltd., Bikaji Foods International Ltd., IRB Infrastructure Developers Ltd., Hindustan Copper Ltd.

Disclaimer

Business Today provides stock market news for informational purposes only and that should not be construed as investment advice. Readers are encouraged to consult a qualified financial advisor before making any investment decisions.