Best Small Cap Fund to Invest in January 2023

Best Small cap fund to invest in January 2023– For long tern investment small cap fund is advisable. Small cap mutual funds are often favored by investors due to their potential to generate higher returns. In the past, some small cap funds have even delivered returns in excess of 20% since their inception. It’s important to note, however, that investing in small cap funds carries a higher level of risk compared to large and mid-cap funds.

In the previous month, there has been a reduction in the small-cap funds’ returns since inception (you can compare performance of funds). According to that, the following is a list of the best small-cap funds that have given highest returns since their inception.

Best Small Cap fund to Invest in January 2023 Till January 4

Best Small cap fund to invested in January 2023
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The following list of top 10 small cap mutual fund schemes is based on AMFI(Association of Mutual Funds in India’s ) data available till January 4, 2023.

  • IDFC Emerging Businesses Fund

The IDFC Emerging Businesses Fund’s direct plan has provided annualized returns of 32.74% since its inception, while the regular plan has generated a return of 30.37%. This fund tracks the S&P BSE 250 SmallCap Total Return Index.

  • Bank of India Small Cap Fund

The Bank of India Small Cap Fund’s direct plan has generated annualized returns of 29.99% since its launch, while the regular plan has delivered a return of 27.69%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • Edelweiss Small Cap Fund

The Edelweiss Small Cap Fund’s direct plan has provided annualized returns of 29.18% since its inception, while the regular plan has generated a return of 27.13%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • Canara Robeco Small Cap Fund

The Canara Robeco Small Cap Fund’s direct plan has produced annualized returns of 28.49% since its launch, while the regular plan has delivered a return of 26.28%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • UTI Small Cap Fund

The UTI Small Cap Fund’s direct plan has generated annualized returns of 26.90% since its inception, while the regular plan has provided a return of 24.50%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • Tata Small Cap Fund

The Tata Small Cap Fund’s direct plan has produced annualized returns of 25.87% since its launch, while the regular plan has delivered a return of 23.49%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • SBI Small Cap Fund

The SBI Small Cap Fund’s direct plan has generated annualized returns of 25.67% since its inception, while the regular plan has provided a return of 19.99%. This fund tracks the S&P BSE 250 SmallCap Total Return Index.

  • Nippon India Small Cap

The Nippon India Small Cap Fund’s direct plan has produced annualized returns of 24.91% since its launch, while the regular plan has delivered a return of 19.85%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • Axis Small Cap Fund

The Axis Small Cap Fund’s direct plan has generated annualized returns of 24.12% since its inception, while the regular plan has provided a return of 22.54%. This fund tracks the NIFTY Smallcap 250 Total Return Index.

  • Invesco India Smallcap Fund

The Invesco India Smallcap Fund’s direct plan has produced annualized returns of 22.41% since its launch, while the regular plan has delivered a return of 20.46%. This fund tracks the S&P BSE 250 SmallCap Total Return Index.

(Disclaimer: The above content is for information purposes only, based on AMFI website data as of 4th January 2023. Mutual fund investments are subject to market risks. There is no assurance that a fund will sustain its past performance in future. Please consult your financial advisor before investing)

Source: MSN

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