Looking for smallcap funds to invest in? SBI Small Cap, Kotak Small Cap among top 4 picks for October
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Criteria for shortlisting smallcap funds
ETMutualFunds shortlisted the top smallcap mutual funds based on mean rolling returns, consistency over the last three years, downside risk, outperformance, and asset size (threshold size is Rs 50 crore).
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Axis Small Cap Fund
Launched in November 2013, this smallcap fund has offered a 25% return based on rolling frequency in the last three years. Axis Small Cap Fund has been in the third quartile in the last six months. The scheme had been in the second quartile before that.
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SBI Small Cap Fund
Launched in December 2009, this smallcap fund has offered a 24% return based on rolling frequency in the last three years. SBI Small Cap Fund has been in the third quartile in the last three months. The scheme had been in the fourth quartile earlier.
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Kotak Small Cap Fund
Launched in February 2005, this smallcap fund has offered 26% return based on rolling frequency in the last three years. Kotak Small Cap Fund has been in the third quartile in the last month. The scheme had been in the fourth quartile earlier.
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Nippon India Small Cap Fund
Launched in December 2010, this small cap fund has offered a 33.5% return based on rolling frequency in the last three years. Nippon India Small Cap Fund has been in the third quartile over the last three years. The scheme had been in the second quartile earlier.
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For whom are small cap mutual funds suitable?
Are you wondering why anyone would take so much risk by investing in small cap schemes? These schemes also have the potential to offer very high returns over a long period. That is why smallcap schemes are recommended only to aggressive investors with a very high risk appetite and a very long investment horizon.