Top performing smallcap funds of 2021
In 2021, smallcap fund category has delivered 60.29 per cent. As per current AMFI data, the net AUM of smallcap funds has significantly surged up from Rs 62,633.29 crore in December 2020 to Rs 1,05,880.34 crore in December 2021 i.e., 69.04 per cent increase in just one year. In December 2020 there was a net outflow of Rs 696.44 crore which has converted to net inflow to Rs 1,053.34 crore in December 2021. This is an open-ended equity-oriented scheme predominantly investing in smallcap stocks. These funds invest at least 65 per cent of their total assets towards equity and equity-related instruments of small-cap companies.
Let’s look at the top 10 best performing smallcap funds based on one-year return:
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Fund Name (Direct Plans)
|
1-year return (in per cent)
|
Benchmark 1-year return (in per cent)
|
AUM (as of December 2021) (in crores)
|
Expense Ratio (as of November 2021) (in per cent)
|
|
Quant Small Cap Fund
|
92.31
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹1,375
|
0.56
|
|
L&T Emerging Businesses Fund
|
77.43
|
S&P BSE 250 SmallCap Total Return Index - 58.22
|
₹8,190
|
0.74
|
|
Nippon India Small Cap
|
74.59
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹18,832
|
1.03
|
|
Tata Small Cap Fund
|
73.50
|
NIFTY Smallcap 100 Total Return Index - 57.93
|
₹1,897
|
0.36
|
|
Canara Robeco Small Cap Fund
|
72.72
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹1,914
|
0.47
|
|
BOI AXA Small Cap Fund
|
70.84
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹213
|
1.21
|
|
Kotak Small Cap Fund
|
67.66
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹6,762
|
0.48
|
|
IDBI Small Cap Fund
|
64.67
|
NIFTY Smallcap 250 Total Return Index - 62.23
|
₹137
|
1.54
|
|
HDFC Small Cap Fund
|
64.49
|
S&P BSE 250 SmallCap Total Return Index - 58.22
|
₹13,649
|
0.83
|