Top 7 small cap mutual funds with highest SIP returns in 5 years: Rs 25,000 monthly SIP in top fund has grown to over Rs 50 lakh in No.1 fund
Top 7 small cap SIP mutual funds in 5 years: When we talk about high returns of equity mutual funds, small cap mutual funds are most likely the first option that strikes our mind. As per Securities Exchange Board of India (Sebi) categorisation of mutual funds, small cap mutual funds need to invest 65 per cent of their money in small cap stocks. As per Association of Mutual Funds in India (AMFI) criteria, companies at the place above 250 in the list of the highest market value companies fall in the category of small cap firms. Since these companies are in the stage of growth, they can grow faster than a mid cap or a large cap firm. That can also help small cap mutual funds grow faster than mid cap and large cap mutual funds. But when the share market falls, small cap companies can be the first to fall, and it makes small cap mutual funds highly vulnerable to market fluctuations. But in the share market, the higher the risk, the higher the returns. The small cap mutual fund category has grown 47.91 per cent in 1 year, 24.47 per cent in 3 years, and 32.33 per cent in 5 years, as per Value Research data.
In this write-up, we take you through the top 7 small cap mutual funds in terms of annualised SIP returns (XIRR) and what Rs 25,000 monthly SIP in each fund has turned into in 5 years.
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Quant Small Cap Fund - Direct Plan
The fund tops the chart with 50.4 per cent annualised SIP returns in 5 years. It has assets under management of Rs 24,530 crore, while its net asset value (NAV) is Rs 293.7817.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has had 20.39 per cent CAGR since its launch in January 2013.
Quant Small Cap Fund - Direct Plan
In a portfolio of 84 stocks, the fund has RIL, Jio Financial Services, Aeigs Logistics, and Aditya Birla Fashion as its main holdings.
A Rs 25,000 monthly SIP in 5 years in this fund, or a total investment of Rs 15 lakh, has turned into Rs 50,01,425 in 5 years.
Nippon India Small Cap Fund - Direct Plan
The fund has given 42.28 per cent annualised SIP returns in 5 years. It has AUM of Rs 60,373 crore, while its NAV rate is Rs 193.8841.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 28.00 per cent annualised returns in January 2013.
Nippon India Small Cap Fund - Direct Plan
In a portfolio of 209 stocks, the fund has HDFC Bank, Kirloskar Brothers, Tube Investments, and Apar Industries as its main hopldings.
A Rs 25,000 monthly SIP in the fund has grown to Rs 41,67,508 in 5 years.
Bank of India Small Cap Fund - Direct Plan
The fund has given 39.51 per cent annualised SIP return in 5 years. The fund has AUM of Rs 1,341 crore, while its NAV size is Rs 52.0800.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 34.03 per cent annualised return since its inception in December 2018.
Bank of India Small Cap Fund - Direct Plan
In a portfolio of 69 stocks, the fund has Castrol India, Amara Raja Energy, and AMI Organics as the main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 39,11,673 in 5 years.
Tata Small Cap Fund - Direct Plan
The fund has had an annualised SIP return of 38.7 in 5 years. It has an asset base of Rs 8,449 crore, while its NAV is worth Rs 45.1081.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 29.93 per cent annualised return since its launch in November 2018.
Tata Small Cap Fund - Direct Plan
In a portfolio of 51 stocks, the fund has Basf India, Quess, KIRLPNU, and Godrej Industries as the main holdings.
An Rs 25,000 monthly SIP started 5 years ago in the fund has turned into Rs 38,39,355.
Franklin India Smaller Companies Fund - Direct Plan
The fund has given 38.05 per cent annualised SIP returns in 5 years. It has an asset base of Rs 14,475 crore, while its NAV is Rs 202.1223.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has had a 23.62 per cent return since its launch in January 2013.
Franklin India Smaller Companies Fund - Direct Plan
In a 89-stock portfolio, the fund has Deepak Nitrite, Kalyan Jewellers, Equitas SF Bank, and Karur Vysya Bank as the main holdings.
The one who started Rs 25,000 monthly SIP in the fund has a total of Rs 37,82,194.
HSBC Small Cap Fund- Direct Plan
The fund has had a 38 per cent annualised SIP return in 5 years. It has AUM of Rs 16,905 crore, while its NAV rate is Rs 92.7790.
Benchmarked against Nifty Smallcap 250 TRI, the fund has given 23.35 per cent annualised SIP return since its launch in May 2014.
HSBC Small Cap Fund- Direct Plan
In a 96-stock portolfio, the fund has Apar Industries, Techno Elecric & Engineering, KPIT Technologies, and NCC as the main holdings.
A Rs 25,000 monthly SIP in the fund has swelled to Rs 37,78,023 in the 5-year time frame.
Canara Robeco Small Cap Fund - Direct Plan
The fund has given 37.29 per cent SIP returns in 5 years. It has an asset base of Rs 12,028 crore, while its NAV is Rs 43.4500.
Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 30.66 per cent annualised SIP return since its launch in February 2019.
Canara Robeco Small Cap Fund - Direct Plan
In a portfolio of 92 stocks, the fund has Kaynes Technologies, Kei, BEL, MCX, and Central Depository as the main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 37,16,790 in the 5-year time frame.