Diwali to Diwali: TRUSTMF Small Cap and Motilal Oswal Focused among 18 equity funds with double-digit returns

Around 18 equity mutual funds have delivered double-digit gains since the last Diwali celebrated on October 20, 2025. There were 292 funds excluding sectoral and thematic funds. Here is a detailed breakdown (Source: ACE MF)

Motilal Oswal Focused Fund, TRUSTMF Small Cap Fund and Bank of India Small Cap Fund delivered 21.59%, 20.54% and 20.10% returns respectively since the last Diwali.

LIC MF Value Fund, a value fund, delivered a return of 15.34% since the last Diwali celebrated on October 20, 2025.

Motilal Oswal Small Cap Fund, Union Small Cap Fund and DSP Small Cap Fund delivered a return of 14.26%, 13.60%, and 12.92% returns respectively in the said time period.

Groww Multicap Fund, Invesco India Smallcap Fund, ITI Small Cap Fund, Old Bridge Focused Fund and TRUSTMF Multi Cap Fund delivered a gain of 12.86%, 12.65%, 12.59%, 12.53% and 12.48% returns respectively.

HSBC Midcap Fund, LIC MF Small Cap Fund, Aditya Birla SL Small Cap Fund, ITI Flexi Cap Fund gained 11.71%, 11.40%, 11.33% and 11.21% respectively in the same time period.

Mahindra Manulife Small Cap Fund and SBI Focused Fund gained 10.96% and 10.44% respectively since the last Diwali.