Looking for smallcap mutual funds for investment with 3 year horizon? Check these 5 with over 20% gain
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Searching smallcaps?
Five small cap mutual funds have delivered over 23% annualised returns in the last three years. Here is a detailed break-up, as reported by ET Wealth.
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Bandhan Small Cap
Bandhan Small Cap gave the highest annualised return of 29.8% in the last three years.
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Mahindra Manulife Small Cap
Mahindra Manulife Small Cap Fund offered an annualised return of 24.2% in the said time period.
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ITI Small Cap
ITI Small Cap Fund offered an annualised return of 24.1% in the last three years.
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ABSL Nifty Smallcap 50 Index
ABSL Nifty Smallcap 50 Index Fund offered an annualised return of 24% in the last three years.
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Axis Nifty Smallcap 50 Index
Axis Nifty Smallcap 50 Index Fund offered an annualised return of 23.8% in the last three years.
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Laggards
Five small cap funds, ICICI Pru Smallcap, PGIM India Small Cap, Kotak Small Cap, SBI Small Cap, and Tata Small Cap, gave annualised returns ranging between 12.8% and 15.4% in the last three years.
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