Mutual Funds is an investment vehicle where multiple investors come together and pool their funds. This pooled money is then invested by the fund manager across various asset classes including equity, debt, gold, and other securities to generate returns
Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns. Some mutual funds even offer up to 30% returns, higher than bank FD, RD, MIS, PPF etc
Mutual Funds returns are calculated by computing appreciation in the value of your investment over a period as compared to the initial investment made. Net Asset Value (NAV) of Mutual Fund indicates its price and is used in calculating returns from your Mutual Fund investments
Mutual Fund return over a period is calculated as the difference in sale date NAV and purchase date NAV upon purchase date NAV and converted to percentage by multiplying the result by 100. Any net dividend or other income distribution by the fund during the holding period is also added to the capital appreciation while computing total returns
Several small-cap mutual fund schemes have given annualised returns between 24% to 30% since their respective launch dates. As of May 26, 2023, there are 8 small-cap funds that have delivered up to 30% return, according to the information on the Association of Mutual Funds in India (AMFI) website. Here are 8 top-performing small-cap funds since their inception till May 26, 2023
The direct plan of Bandhan Emerging Businesses Fund has given a return of 30.23% while the regular plan has given a return of 27.96% since inception. The scheme tracks S&P BSE 250 SmallCap Total Return Index. It was launched on February 25, 2020, as per information on the fund’s website
The direct plan of Bank of India Small Cap Fund has given a return of 28.70% while the regular plan has given a return of 26.46% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. The date of allotment of this fund is December 19, 2018, as per information on the fund’s website
The direct plan of Edelweiss Small Cap Fund has given a return of 28.05% while the regular plan has given a return of 26.01% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. It was launched on February 7, 2019, as per information on the fund’s website
The direct plan of Canara Robeco Small Cap Fund has given a return of 26.52% while the regular plan has given a return of 24.38% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. The launch date of Canara Robeco Small Cap Fund – Regular Plan – Growth is February 1, 2019, as per information on the fund’s website
The direct plan of SBI Small Cap Fund has given a return of 25.05% while the regular plan has given a return of 19.66% since inception. The scheme tracks S&P BSE 250 SmallCap Total Return Index. The launch date of SBI Small Cap Fund is September 9, 2009, as per information on the fund’s website
The direct plan of Tata Small Cap Fund has given a return of 25.01% while the regular plan has given a return of 22.67% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. The launch date of Tata Small Cap Fund is November 12, 2018, as per fund’s Scheme Information Document (SID)
The direct plan of UTI Small Cap Fund has given a return of 24.8% while the regular plan has given a return of 22.51% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. The date of inception/allotment of this fund is December 22, 2020, as per the fund’s factsheet
The direct plan of Nippon India Small Cap Fund has given a return of 24.87% while the regular plan has given a return of 19.95% since inception. The scheme tracks NIFTY Smallcap 250 Total Return Index. The date of allotment of this fund is September 16, 2010, as per the fund’s latest factsheet
The content is based on AMFI website data as of May 26, 2023, and is for information purposes only. Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before investing