Top 7 small cap mutual funds with up to 85% SIP returns in 1 year: Know how Rs 21,000 monthly SIP has performed in each fund
Top 7 Small Cap SIP Mutual Funds: The category has given 51.03 per cent annualised returns in 1 year, 26.68 per cent in 3 years, 33.75 per cent in 5 years, and 20.08 per cent in 10 years, as per Value Research data. As per Securities Exchange Board of India (Sebi) classification of mutual funds, small cap companies are those with rank 251st and above in terms of market capitalisation (m-cap).
Top 7 small cap SIP mutual funds in 3 years: The small-cap mutual fund category has been one of the top 3 gainers in terms of annualised returns (CAGR). The category has given 51.03 per cent annualised returns in 1 year, 26.68 per cent in 3 years, 33.75 per cent in 5 years, and 20.08 per cent in 10 years, as per Value Research data. As per Securities Exchange Board of India (Sebi) classification of mutual funds, small cap companies are those with rank 251st and above in terms of market capitalisation (m-cap). Since small cap companies are in their growth stage, they can provide higher returns than large and mid cap mutual funds in the long run. But they are also the first to fall during market fluctuations. Here, we take you through the top 7 small cap mutual funds in 1 year in terms of annualised SIP returns (XIRR). Also, know what Rs 21,000 monthly SIP in each fund has given in 1 year.
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Bandhan Small Cap Fund - Direct Plan
The fund at top has given 84.55 per cent annualised SIP return in 1 year. The fund has assets under management (AUM) of Rs 6,640 crore, while its net asset value (NAV) is Rs 50.2460.
Bandhan Small Cap Fund - Direct Plan
Benchmarked against BSE 250 SmallCap TRI, the fund has given 43.11 per cent annualised returns since its launch in February 2020.
A Rs 21,000 monthly SIP in the fund has grown to Rs 3,56,275 in 1 year.
Mahindra Manulife Small Cap Fund - Direct Plan
The fund has had a 67 per cent annualised return in the 1-year period. It has an asset base of Rs 5,035 crore, while its NAV is Rs 21.5086.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 56.63 per cent annualised return since its launch in December 2022.
Mahindra Manulife Small Cap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has grown to Rs 3,36,006 in 1 year.
LIC MF Small Cap Fund - Direct Plan
The fund has given 66.34 per cent annualised SIP returns in the 1-year time frame. Its AUM is Rs 318 crore, while its NAV is Rs 36.7333.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 19.85 per cent annualised returns since its launch in June 2017.
LIC MF Small Cap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has converted into Rs 3,35,235 in 1 year.
ITI Small Cap Fund - Direct Plan
The fund has had 62.15 per cent annualised SIP returns in 1 year. It has an asset base of Rs 2,313 crore, while its NAV price is Rs 31.3948.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 28.76 per cent annualised returns since its launch in February 2020.
ITI Small Cap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has turned into Rs 3,30,301 in the 1-year time frame.
Invesco India Smallcap Fund - Direct Plan
The fund has given 61.54 per cent annualised SIP returns in 1 year. It has AUM of Rs 4,860 crore, while its NAV is 44.7900.
Benchmarked against BSE 250 SmallCap TRI, the fund has given 29.34 per cent return since its launch in October 2018.
Invesco India Smallcap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has given 3,29,582 in the 1-year period.
Bank of India Small Cap Fund - Direct Plan
The fund has given 59.71 per cent annualised SIP return in the 1-year period. It has an asset base of Rs 1,341 crore, while its NAV is Rs 54.2600.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 34.74 per cent annualised return since its launch in December 2018.
Bank of India Small Cap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has grown to Rs 3,27,408 in the 1-year time frame.
Tata Small Cap Fund - Direct Plan
The fund has given 60.23 per cent annualised SIP return in 1 year. It has AUM of Rs 8,449 crore, while its NAV is Rs 46.8768.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 30.57 per cent annualised returns since its launch in November 2018.
Tata Small Cap Fund - Direct Plan
A Rs 21,000 monthly SIP in the fund has turned into Rs 3,28,025 in the 1-year time frame.