Which are the best small cap schemes?

I am planning to invest in small cap mutual funds through SIP. My investment horizon is 15 to 17 years. Which mutual fund schemes should I choose?
--Akashdeep Chatterjee

Shifali Satsangee, Founder, Funds Ve’daa, responds:

I am assuming that you have an aggressive risk profile and are comfortable with high volatility in the market. As you have an investment horizon of 15 to 17 years, you may consider to invest in the following small cap schemes:
SBI Small Cap Fund
HDFC Small Cap Fund


If you do not have SIPs in a large & mid cap scheme and multi cap scheme, you may consider investing in these schemes when you increase your SIP allocation in the future. This will lend some stability to your mutual fund portfolio.