Top Five Mid-Cap and Small-Cap Mutual Funds That Gained Over 8 Per cent in Last Week

The stock market posted a 4.26 per cent weekly gain, its highest in four years, with five small-cap mutual funds delivering over 8 per cent returns amid a market recovery.

In the past week, the stock market recorded its highest weekly gain of 4.26 per cent in four years since February 2021, marking a five-day winning streak of closing in the green. The market has shown a strong recovery over the last six days, nearing the reversal of its year-to-date (YTD) losses. However, as of March 24, benchmark indices remain down by approximately 10 per cent. Amid this market rebound, several Mid-Cap and Small-Cap mutual funds have delivered impressive gains, with five funds generating over 8 per cent returns in the last week. Here are the top-performing mid-cap and small-cap funds.

Bank of India Small-Cap Fund delivered a 9.53 per cent return in the last week, benefiting from the broader market rally that saw the highest weekly gains in four years. As of March 21, 2025, its NAV stood at Rs 47.34. The fund has a total asset size of Rs 1,389.85 crore as of February 28, 2025, with an expense ratio of 0.54 per cent. Since inception, it has delivered a CAGR of 28.3 per cent, significantly outperforming its benchmark return of 15.96 per cent. The portfolio includes top holdings such as Lloyds Metals and Energy Limited (3.12 per cent), Ami Organics Limited (2.96 per cent), and Vijaya Diagnostic Centre Limited (2.72 per cent).

ITI Small-Cap Fund delivered an 8.46 per cent return last week. With a total asset size of Rs 2,010.56 crore as of February 28, 2025, the fund maintains an expense ratio of 0.56 per cent. The latest NAV, recorded on March 21, 2025, stood at Rs 28.3844. Since inception, the fund has delivered a CAGR of 22.73 per cent, outperforming its benchmark return of 15.96 per cent. The portfolio includes holdings in PG Electroplast Limited (3.62 per cent), AMI Organics Limited (2.57 per cent), and MCX India Limited (2.03 per cent). With a minimum investment requirement of ₹5,000 and a 1 per cent exit load applicable for redemptions within 12 months, the fund remains an open-ended scheme for small-cap investors.

Invesco India Small-Cap Fund gained 8.18 per cent in the last week, benefiting from the market’s last week rally. As of February 28, 2025, it holds total assets of Rs 5,311.92 crore with a TER of 0.41 per cent. The NAV stood at Rs 40.72 as of March 21, 2025. The fund has delivered a CAGR of 24.42 per cent since inception, outperforming its benchmark's 15.84 per cent. Its top holdings include MCX India Limited (3.8 per cent), Century Textiles and Industries (3.62 per cent), and 360 One WAM Limited (2.77 per cent).

Union Small Cap Fund delivered an 8.07 per cent return last week, benefiting from the market's weekly gains. As of February 28, 2025, the fund had total assets of Rs 1,312.64 crore, with a turnover ratio of 140 per cent and a TER of 1.07 per cent. Investors face an exit load of 1 per cent if redeemed within 15 days. The NAV stood at Rs 47.68 on March 21, 2025, up by 1.61 per cent. Since its inception, the fund has delivered a CAGR of 15.55 per cent, closely tracking its benchmark return of 15.96 per cent. Major holdings include KEI Industries (3.25 per cent), Eureka Forbes (3.1 per cent), and JB Chemicals & Pharmaceuticals (3.08 per cent), reflecting a diversified small-cap portfolio.

Disclaimer: The article is for informational purposes only and not investment advice.