After facing a terrible decline for a long time, the Indian stock market has started recovering, albeit slowly. The BSE Sensex is close to the 80,000 points level. Due to facing a devastating decline for one and a half months, the mutual fund portfolio has also been badly affected. However, some mutual fund schemes have given good returns to investors despite this decline. Here we will tell you about 5 small cap mutual fund schemes, that have given a tremendous return of up to 47.75% in the last 5 years.
Edelweiss Small Cap Fund
According to official data from AMFI, the direct plan of Edelweiss Small Cap Fund has given a return of 35.03 percent in the last 5 years. The current AUM of this mutual fund scheme is Rs 4371.02 crore.
Canara Robeco Small Cap Fund
The direct plan of Canara Robeco Small Cap Fund has given a return of 35.73 percent to its investors in the last 5 years. The benchmark index of this fund has given a return of 30.76 percent during this period. The current AUM of the Canara Robeco Small Cap Fund Scheme is Rs 12,452.92 crore.
Nippon India Small Cap Fund
The direct plan of Nippon India Small Cap Fund has given a return of 36.71 percent to investors in the last 5 years. At the same time, its benchmark index has given a return of 30.76 percent in the last 5 years. The current AUM of Nippon India Small Cap Fund is Rs 61,236.08 crore.
Bank of India Small Cap Fund
The direct plan of the Bank of India Small Cap Fund has given a bumper return of 39.30 percent in the last 5 years. While the regular plan of this scheme has given a return of 37.03 percent during this period. The current AUM of this government mutual fund scheme is Rs 1598.98 crore.
Quantum Small Cap Fund
The direct plan of Quant Small Cap Fund has given the highest return of 47.75 percent in the last 5 years. This is the highest return in the small-cap fund category in the last 5 years. The current AUM of Quant Small Cap Fund is Rs 26,368.31 crore.