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.