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
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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