Best Small Cap Mutual Funds in 5 Years: 6 Schemes With 16% to 25% Returns in 5 Years (May 2023)
Best Small Cap Mutual Funds in 5 Years (May 2023): Six small-cap funds have given returns of at least 16% over five years under their individual direct schemes.
Best Small Cap Mutual Funds in 5 Years (May 2023): In April 2023, investors continued to favor small-sized mutual funds despite a decline in net inflows to large cap, multi cap, focused and ELSS schemes. The largest net inflows among all equity-oriented schemes last month went to small cap funds with total net inflows of Rs 2182 crore. Despite the pitfalls, the high returns of small-cap funds seem to be the major attraction for investors in recent years.
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According to data available on AMFI’s website, six small-cap funds have given returns of at least 16 per cent over a five-year period. According to calculations, an SIP of Rs 25,000 in any of these funds would have grown to more than Rs 23 lakh in 5 years. One of these plans offered a return of 25% over the course of five years under the direct plan, making an SIP of Rs 25,000 almost Rs 29 lakh.
Listed below are these Best Small Cap Mutual Funds in 5 Years
Quant Small Cap Fund
Over 5 years, the Direct Plan of Quant Small Cap Fund has given returns of 25.46% as compared to 24.18% of the Normal plan. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
Axis Small Cap Fund
Over 5 years, the Direct Plan of Axis Small Cap Fund has given returns of 20.22% as compared to 18.52% of the Normal plan. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
Nippon India Small Cap Fund
Over 5 years, the Direct Plan of Nippon India Small Cap Fund has given returns of 17.80% as compared to 16.71% for the Regular plan. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
Kotak Small Cap Fund
The five year return of Kotak Small Cap Fund Direct Plan has been 17.13% as compared to 15.54% of Normal Plan. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
SBI Small Cap Fund
The Direct Plan of SBI Small Cap Fund has given a return of 15.96% while the Regular Plan has given a return of 14.65% in 5 years. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
ICICI Prudential Smallcap Fund
Over 5 years, the Direct Plan of ICICI Prudential Smallcap Fund has generated 15.82% returns as compared to 14.36% for the Regular plan. The plan follows Nifty SmallCap 250 Total Return Index which has given 9.25% return in last five years.
(Disclaimer: The above content is for information purposes only based on AMFI website data as of May 12, 2023. Mutual Funds are subject to market risks. There is no assurance or guarantee that the above funds will give the same returns in future. Investors are advised to consult their financial advisors before investing)
