Bandhan Small Cap among 5 smallcap mutual funds that deliver up to 21% annualised returns in 3 years

Five smallcap mutual funds delivered up to 21% annualised returns in the last three years. Here are the top performers, as reported by ETWealth (As of July 15, 2026)

Bandhan Small Cap Fund, the topper in the last three years, delivered an annualised return of 26.7%.

ITI Small Cap Fund, an active smallcap fund, delivered an annualised return of 24.6% in the last three years.

Invesco India Smallcap Fund, an active smallcap fund, delivered an annualised return of 22.8%.

Bank of India Small Cap Fund and Mahindra Manulife Small Cap Fund delivered 21.3% and 21.4% annualised returns.

Around five smallcap funds delivered returns ranging from 11.8% to 13.3% in the last three years. These funds include ICICI Prudential Smallcap Fund, Tata Small Cap Fund, HDFC Small Cap Fund, SBI Small Cap Fund, and Kotak Small Cap Fund.

Do not choose funds based on the returns. One should always choose the funds based on their risk appetite, investment horizon and financial goals.