5 small-cap mutual funds with over 34% returns in 3 years
In the last one year, the small-cap mutual fund category has risen by 57.66 per cent, while it has increased by 29.80 per cent in the last three years (As per Value Research data). Small-cap mutual funds have most of their investments in small-cap companies. They are high risk and prone to market fluctuations. Small-cap mutual funds from Quant, Nippon India, Tata, HDFC, and HSBC have been some of the top performers in the last one year. Know more about them-
With the rise of the stock market, small-cap mutual funds have been doing well for over a year. In the last one year, the small-cap fund category has risen by 57.66 per cent, while it has increased by 29.80 per cent in the last three years (As per Value Research data). As per the small-cap mutual fund definition by the Association of Mutual Funds in India (AMFI), such mutual funds have at least 65 per cent of their investments in small-cap companies. Small-cap companies have a market capitalisation of below Rs 5,000 crore.
Since small-cap companies are the most vulnerable to market fluctuations, small-cap mutual funds also rise and fall fast.
Small-cap mutual funds are high risk, but their category is one of the biggest gainers in the last one year.
Here, we give you a list of small-cap mutual funds with up to 57.66 per cent returns in the last three years (As per Amfi data as of February 27).
Quant Small Cap Fund
The fund from Quant Mutual Fund tops the list with 46.62 per cent returns in the three years.
The fund's asset under management (AUM) is Rs 17512.51 crore and the net asset value (NAV) stands at Rs 258.2165.
The fund's expense ratio is 0.77 per cent against the category ratio of 0.59 per cent.
The fund has 92.42 per cent of its investment in domestic equities.
Among them, 47.39 per cent investments are in small-cap, 13.84 per cent in large caps, and 6.96 per cent is in mid-cap stocks.
It has a bouquet of 100 stocks with RIL, IRB Infrastructure Developers, and Jio Financial Services being the top three.
A Rs 10000 investment in the small-cap fund would have given Rs 31554.20 in today's time.
Nippon India Small Cap Fund
This mutual fund has given returns of 37.44 per cent in the last three years.
One of the oldest mutual funds in India, it has an AUM of Rs 46,491.13 crore and an NAV of 159.7161.
The fund's expense ratio stands at 0.73 per cent.
It has 95.98 per cent investments in equity with the small-cap share being 55.09 per cent.
It has a large number of stocks (205) in its portfolio, with Tube Investment of India, HDFC Bank, and Voltamp Transformers Ltd as the leading ones.
Rs 10,000 invested in the mutual fund three years ago would have given Rs 25986.20 in today's date.
HSBC Small Cap Fund
The fund from the L&T Mutual Fund has given a return of 36.56 per cent in the three years.
It has an AUM of Rs 13,990.61 crore and a NAV of Rs 79.4577.
The fund has an expense ratio of 0.68 per cent.
The high-risk mutual fund has 98.2 per cent of its portfolio in domestic equities with small caps having a large share of 66.42 per cent.
The fund has 97 stocks in its portfolio with Apar Industries, Brigade Enterprises, and Sonata Software Ltd as its leading stocks.
Rs 10,000 invested in the portfolio three years ago would have turned into Rs 25593.50 in today's time.
Tata Small Cap Fund
The fund from the House of Tata Mutual Fund has given a return of 34.61 per cent.
Its AUM is Rs 6,390.92 crore, while the NAV stands at Rs 37.1684.
The expense ratio is 0.31 per cent against the category average of 0.59 per cent.
Its investment in domestic equities is 95.95 per cent, of which 69.04 per cent is in small caps.
The fund holds 50 stocks against the category average of 82.07 stocks under its portfolio with Infrastructure Development Finance Company Limited, Quess Corp, and BASF India as the leading ones. Rs 10,000 invested in the mutual fund three years ago would have given Rs 24408.40 in the current time.
HDFC Small Cap Fund
The small-cap fund has given a return of 34.01 per cent in the three-year period.
The fund's AUM is currently at Rs 28,989.26 crore, and it has an NAV of Rs 137.5090.
The fund from HDFC has an expense ratio of 0.61 per cent.
The fund's domestic investments make up 91.86 per cent of its total investments, of which 68.96 per cent are small-cap stocks.
The fund comes up with a portfolio of 75 stocks with Sonata Software, Firstsource Solutions Ltd, and Bank of Baroda.
Rs 10000 invested in the fund three years ago would have given Rs 24083.40 in today's time.
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