The Nifty Small-cap 100 index has been on an upward trajectory, gaining over 1% on November 26, 2024, marking its second consecutive day of outperformance compared to frontline indices. This rally signals a turnaround in small-cap sentiment, fueled by renewed Foreign Institutional Investor (FII) interest and a strong BJP-led Maha Yuti alliance mandate in the Maharashtra State Election.
Amid this optimism, the small-cap mutual fund category stands out. Let’s explore the top 5 small-cap mutual funds that have not only beaten their benchmarks but also surpassed their category averages over the last five years.
Scheme Name | AUM (Rs in Cr) | Expense Ratio (%) | Annualized Returns (%) | Benchmark Returns % | Category Avg % |
Quant Small Cap | 26086 | 1.6 | 45.25 | 30.37 | 31 |
Bank of India Small Cap | 1537.2 | 2.05 | 36.68 | 30.37 | 31 |
Nippon India Small Cap | 61027 | 1.43 | 35.26 | 30.37 | 31 |
Canara Robeco Small Cap | 12324 | 1.67 | 33.56 | 30.37 | 31 |
Edelweiss Small Cap | 4256.1 | 1.84 | 32.65 | 30.37 | 31 |
Similar to its peers, Edelweiss Small Cap Fund outperformed its benchmark and category average in a period of five years.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Nov 27, 2024, 5:27 PM IST
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