Top small-cap SIP mutual funds with best returns: Rs 20,000 monthly SIP in No. 1 fund has grown to Rs 41.40 lakh in 5 years; know how others have done
Top Small-cap SIP Mutual Funds: When we talk about small-cap equity mutual funds, the picture that strikes our minds is of an investment scheme with high returns. As per Association of Mutual Funds in India (AMFI), small-cap mutual funds have 65 per cent of their investment in small-cap stocks. But with high returns comes high risk. So, when the market falls, small-cap mutual funds are the first to fall. But the shine of high returns fades the gloom of high risk, and investors, specially new-age investors, keep glueing to small-cap mutual funds. As per Value Research data as on July 8, 2024, the small-cap mutual fund is one of the fastest growing mutual fund categories in terms of returns. The category has grown by 55.47 per cent (CAGR) in the one year, 26.17 per cent in the three years, and 30.67 per cent in the five years. In terms of annualised SIP returns (XIRR), many of the funds have recorded growth of up to 52 per cent in the five years. Here, we take you through the performance of top 5 small-cap SIP mutual funds and what Rs 20,000 SIP in the each fund has given in the five years.
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Quant Small Cap Fund - Direct Plan - Growth
The fund tops the list with a staggering 51.97 per cent annualised SIP returns. The fund has base assets of Rs 22,967 crore, while its net asset value (NAV) is Rs 295.3457. Benchmarked against NIFTY Smallcap 250 TRI, the fund has given 20.63 per cent (CAGR) since its inception in January 2013. The open ended fund has an expense ratio of 0.64 per cent, while the minimum lump sum and SIP investments in the fund are Rs 5,000 and Rs 1,000, respectively. The fund has 98.17 per cent of its investments in equity. In a portfolio of 91 stocks, the fund's main stocks are Reliance Industries, HDFC Bank, Jio Financial, and Aegis Logistics.
A Rs 20,000 monthly SIP in the fund, or Rs 12 lakh investment in five years, has turned into Rs 41,39,866 as of today's date.
Nippon India Small Cap Fund - Direct Plan
The fund has given 43.69 per cent annualised SIP returns (XIRR) in the five-year period. The fund has assets under management (AUM) worth Rs 51,566 crore, while its NAV is Rs 195.7025. The fund, with an expense ratio of 0.68 per cent, has given 28.37 per cent returns since its inception in January 2013. Benchmarked against NIFTY Smallcap 250 TRI, the fund has a minimum SIP investment of Rs 100 and a minimum lump sum investment of Rs 5,000. The fund's 95.62 per cent investments are in equity with 53.92 per cent of them in small-cap stocks. The fund has a large number of 207 stocks in its portfolio compared to the category average of 81.81. Voltamp Transformers Ltd, HDFC Bank, Tube Investments of India Ltd, and Apar Industries are the main stocks in its portfolio.
A Rs 20,000 monthly SIP in the fund started 5 years ago has grown to Rs 34,40,291.
Bank of India Small Cap Fund - Direct Plan
The fund has had a 40.57 per cent XIRR in the five years. The fund has an AUM of Rs 1,080 crore, while its NAV price is Rs 51.9900. Benchmarked against NIFTY Smallcap 250 TRI, the fund has an expense ratio of 0.61 per cent. The fund has given 34.67 per cent annual returns since its launch in December 2018. Rs 5,000 is the minimum lump sum investment, while Rs 1,000 is the minimum SIP investment in the fund. The open ended fund has 96.32 per cent of its investments in equity with 46.24 per cent of them in small caps. In its 67-stock portfolio, the fund has Vijaya Diagnostic Centre, Arvind Ltd, Castrol (India) Ltd, Avenue Supermarts Ltd, and KSB Ltd as its main stocks.
A Rs 20,000 monthly SIP in the fund has turned into Rs 32,04,635 as of today's date.
HSBC Small Cap Fund- Direct Plan
The fund has given a 39.59 per cent annual SIP return in the five-year time frame. The fund has an AUM of Rs 14,787 crore, while its NAV price is Rs 94.5284. Benchmarked against NIFTY Smallcap 250 TRI, the fund has given a 23.82 per cent return since its launch in May 2014. It has an expense ratio of 0.68 per cent. The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment in the same is Rs 500. The fund has 97.70 per cent of its investments in equity with 65.3 per cent of them in small caps. In a portfolio of 98- stocks, the fund has Apar Industries, Brigade Enterprises, KEI Industries, and Techno Electric & Engineering Co. Ltd. as its main stocks.
A Rs 20,000 monthly SIP has given Rs 31,33,550 in the five-year period.
Franklin India Smaller Companies Fund - Direct Plan
The fund has given 39.31 per cent annualised SIP returns in the five years. The fund has an asset base of Rs 12,797 crore, while its NAV is worth Rs 204.7385. The open ended fund has an expense ratio of 0.92 per cent. Benchmarked against NIFTY Smallcap 250 TRI, the fund has given a 23.98 per cent return since its launch in January 2013. The fund's minimum lump sum investment is Rs 5,000, while its minimum SIP investment is Rs 500. The fund has 95.21 per cent of its investment in equity with 51.6 per cent of it in small-cap stocks. In a portfolio of 86 stocks, the fund has Brigade Enterprises, Equitas Small Finance Bank Ltd., Kalyan Jewellers India Ltd, Deepak Nitrite Ltd, and Karur Vysya Bank Ltd as its main stocks.
A Rs 20,000 monthly SIP in the fund has grown to Rs 31,13,713 as of today's date.
Disclaimer
(These are not mutual fund recommendations. Do your own due diligence or consult an advisor before investing in mutual funds)