7 small-cap mutual funds that have beaten their benchmark in 5 years
Small-cap mutual funds invest most of their money in small-cap companies. These companies are more prone to market fluctuations than large- and mid-cap firms. They rise fast when the market is up and fall fast when the market is low. However, many equity small-cap mutual funds have beaten their benchmarks in the 5 years (As per Association of Mutual Funds in India data). All 7 mutual funds have NIFTY Smallcap 250 Total Return Index as their benchmark index.
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Quant Small Cap Fund
One of the most consistent performer equity mutual funds has given 40.75% returns in the 5-year period. The fund's assets under management (AUM) is Rs 20,204.34 crore, while its net asset value (NAV) is Rs 269.4393. It has beaten its benchmark, NIFTY Smallcap 250 Total Return Index, which has given 25.51% return in the same period.
Bank of India Small Cap Fund
The fund at No. 2 has given 34.07% returns in the 5 years. The fund's AUM is Rs 1,054.13 crore, while its NAV is Rs 45.3000.
Nippon India Small Cap Fund
One of the most consistent performers has given 32.33% returns in the 5 years. The fund's AUM is Rs 50,631.99 crore, while the price of its NAV is Rs 171.0730.
Edelweiss Small Cap Fund
The small-cap fund from Edelweiss has given a return of 30.84%. The fund's AUM is worth Rs 3,353.62 crore, while the size of its NAV is Rs 41.9850.
Tata Small Cap Fund
The fund from Tata has given 30.17% returns in the 5 years. While the fund's AUM is Rs 6,951.59 crore, its NAV is Rs 39.5423.
Canara Robeco Small Cap Fund
The fund at No. 6 has given 29.77% returns in the 5-year period. Its AUM is Rs 10,040.07 crore, while its NAV is Rs 37.8900.
Kotak Small Cap Fund
The fund from Kotak has given 28.98% returns. Its AUM at present is worth Rs 14,847.10 crore, while the NAV size is Rs 270.2320.