Produced by: Basudha Das
Mutual funds substantially raised their stake in select mid- and small-cap stocks in the March quarter.
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: Rs 4,385 cr worth of assets under management (Till March 31, 2024)
1-year return 77.84% 3-year return 32.1%
Cholamandalam Financial Holdings Ltd., Apar Industries Ltd., REC Ltd., Arvind Ltd., Shaily Engineering Plastics Ltd.
Mahindra Manulife Small Cap Fund: Rs 3,557 cr worth of assets under management (Till March 31, 2024)
1-year return 73.62%
Century Textiles & Industries Ltd., Reliance Industries Ltd., REC Ltd., Grasim Industries Ltd., Coal India Ltd.
Quant Small Cap fund: Rs 17,349 crs worth of assets under management (Till March 31, 2024)
1-year return 71.68% 3-year return 39.4%
Reliance Industries Ltd., JIO Financial Services Ltd., Bikaji Foods International Ltd., IRB Infrastructure Developers Ltd., Hindustan Copper Ltd.
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