Curated By: Business Desk
Last Updated: September 22, 2023, 12:46 IST
SIP returns of Quant Small Cap Fund in 5 years is 42.69% per annum.
The average SIP return of HDFC Small Cap Fund in 5 years has been 31.16 per cent per annum.
Investors who seek to grow their wealth invest in mutual funds as part of a diversified portfolio. Mutual funds invest in many assets, including stocks, bonds, securities and other alternative options. A company that has a market capitalisation of less than Rs 5,000 crore is normally classified as a small-cap company. Funds that are dedicated to investing in such small-cap companies are called small-cap funds. This article talks about five small-cap mutual funds that have given 31-42 per cent SIP returns in the last five years.
An investor who SIPs Rs 10,000 every month in any of these funds has a corpus of up to Rs 16.80 lakh in five years. Corpus means the total money invested in a particular scheme by all investors plus the returns on it. This data has been compiled by the Association of Mutual Funds in India (AMFI) till September 18, 2023.
1. Quant Small Cap Fund- The average SIP return of Quant Small Cap Fund in the last 5 years has been 42.69 per cent per annum. The value of investment of an investor who invests Rs 10,000 per month in this fund has increased to Rs 16.82 lakh in 5 years. In this fund, SIP (Systematic Investment Plan) can be started from Rs 1,000 per month. In SIP, a predetermined amount is invested in the mutual fund every month.
2. Nippon India Small Cap Fund- The average SIP return of this small cap fund in the last 5 years has been 35.8 per cent per annum. The minimum investment in this fund is Rs 5,000 and at least Rs 1,000 should be invested every month.
3. HSBC Small Cap Fund- The average SIP return of this fund in 5 years has been 31.82 per cent per annum. An investor who made a SIP deposit of Rs 10,000 every month for five years will now earn Rs 13.08 lakh.
4. HDFC Small Cap Fund- The average SIP return of HDFC Small Cap Fund in 5 years has been 31.16 per cent per annum. In this scheme, SIP deposit can be started from a minimum amount of Rs 100.
5. Union Small Cap Fund- The average SIP return of Union Small Cap Fund for the last five years has been 30.41 per cent per annum. The investor who invested Rs 10,000 every month in this fund has now earned Rs 12.65 lakh.
