These 5 Small Cap Mutual Funds Outperform Their Benchmark and Category in 5 Year

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.

Here are 5 Small Cap Mutual Funds Outperform Their Benchmark and Category Average in 5-Year

1. Quant Small Cap Fund

• Launch Year: 2013
• NAV (as of Nov 26, 2024): Rs 283.86
  Quant Small Cap Fund consistently outperforms its benchmark, the Nifty Smallcap 250 TRI, and category averages. 

2. Bank of India Small Cap Fund

• Launch Year: 2018
• NAV (as of Nov 26, 2024): Rs 48.84
  This fund has delivered exceptional returns, outpacing both its benchmark and category average. 

3. Nippon India Small Cap Fund

• Launch Year: 2010
• NAV (as of Nov 26, 2024): Rs 172.91
  Nippon India Small Cap Fund stands as one of the oldest in the category, showcasing steady outperformance over its benchmark and category average.

4. Canara Robeco Small Cap Fund

• Launch Year: 2019
• NAV (as of Nov 26, 2024): Rs 39.91
  This small-cap mutual fund has delivered higher returns than its benchmark and category average. 

5. Edelweiss Small Cap Fund

• Launch Year: 2019
• NAV (as of Nov 26, 2024): Rs 44.59

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.