Best Small Cap Mutual Funds in 1 year (July 2023): Top 10 schemes With 33% to 45% SIP returns

financialexpress.com:

Best-Performing Small Cap Mutual Fund Schemes in 1 year (till July 6, 2023): Direct plans of most of the small-cap mutual fund schemes have given over 25% annualised returns in one year. Data on AMFI’s website at the time of writing shows that direct plans of as many as four small-cap funds have given 40% or more returns in one year. The top-performing scheme has given 45% returns.

The following is the list of 10 such top-performing small-cap funds that have given more than 33% returns in one year under their respective direct plans. The regular plans of these schemes have also given over 31% returns in one year.

Before going to the list, readers should note that this exercise is for informational purposes only. It is not intended to recommend any fund for investment. It is recommended not to invest in a small cap or any other mutual fund scheme on the basis of past performance only. Also, one-year performance doesn’t say much about the quality or suitability of a scheme for an investor. Therefore, it is always advised to invest as per your risk appetite, risk capacity and financial goals. You should also consult a SEBI-registered financial advisor to make the right investment decision.

HDFC Small Cap Fund

The direct plan of HDFC Small Cap Fund has given 45.98% annualised returns while the regular plan has given 44.58% returns in one year. The scheme tracks S&P BSE 250 SmallCap Total Return Index, which has given 35.23% returns in one year.

Also Read: Best-performing Tax Saving Mutual Funds in 1 Year (July 2023): 11 schemes with over 27% SIP returns

Quant Small Cap Fund

The direct plan of Quant Small Cap Fund has given 43.57% annualised returns while the regular plan has given 41.63% returns in one year. The scheme