Top Mutual Funds: Best small-cap MFs to invest in 2024. Full list here (2024)

Top Mutual Funds: Small-cap mutual funds have given stellar returns to investors over the past three years. This article highlights the top mutual funds in the small-cap category, showcasing funds consistently outperforming their benchmark indices.

The Quant Small Cap Fund (Direct) is leading the pack, boasting an impressive 42.34% return, followed closely by the Nippon India Small Cap Fund (Direct) at 36% return. The HSBC Small Cap Fund (Direct) and the HDFC Small Cap Fund (Direct) have also performed well, delivering returns of 33.73% and 31.91%, respectively.

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Investors have also seen commendable performances from other funds, including the Franklin India Smaller Companies Fund (Direct), Tata Small Cap Fund (Direct), and Bandhan Small Cap Fund (Direct), all of which have achieved returns exceeding 30%.

The Canara Robeco Small Cap Fund (Direct) and the Invesco India Smallcap Fund (Direct) have also demonstrated solid performances, beating their benchmark indices by significant margins.

The Bank of India Smallcap Fund (Direct) is rounding out the list, delivering a commendable return of 29.99%, according to the data available on the Association of Mutual Funds in India (AMFI) website.

Top 10 small-cap funds that delivered the best return in three years

Quant Small Cap Fund (Direct): 42.34 %

Nippon India Small Cap Fund (Direct): 36%

HSBC Small Cap Fund (Direct): 33.73%

HDFC Small Cap Fund- (Direct): 31.91%

Franklin India Smaller Companies Fund (Direct): 31.30 %

Tata Small Cap Fund (Direct): 31.25 %

Bandhan Small Cap Fun (Direct): 30.91%

Canara Robeco Small Cap Fund (Direct): 30.80 %

Invesco India Smallcap Fund (Direct): 30/35%

Bank of India Smallcap Fund (Direct): 29.99 %

While past performance does not guarantee future results, these mutual funds showcase vital track records. They may be worth considering for investors seeking exposure to small-cap stocks' potential growth opportunities. However, before making any investment decisions, it's crucial to conduct thorough research, consider your investment goals and risk tolerance, and consult a financial advisor.

Please note that the information provided is sourced from the Association of Mutual Funds in India (AMFI) and reflects returns as of May 19, 2024.

Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment-related decision.

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ABOUT THE AUTHOR

Sangeeta Ojha

A business media enthusiast. Writes on personal finance, business and banking.

FAQs

Which small-cap fund is best in 2024? ›

Best-performing small-cap ETFs

Ticker	Name	5-year return
XSVM	Invesco S&P SmallCap Value with Momentum ETF	13.91%
CALF	Pacer US Small Cap Cash Cows 100 ETF	13.61%
RWK	Invesco S&P MidCap 400 Revenue ETF	12.84%
DWAS	Invesco Dorsey Wright SmallCap Momentum ETF	10.84%

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May 1, 2024

Which mutual fund has the best return in 2024? ›

Two schemes have offered double-digit return in 2024 so far. Quant BFSI Fund and SBI Banking & Financial Services Fund gave 19.10% and 10.29% returns, respectively. Nippon India Banking & Financial Services Fund, the oldest scheme in the category, offered 4.03% return in 2024 so far.

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Which funds will perform best in 2024? ›

Top 10 most-popular investment funds in April 2024

Rank	Fund	Three-year return (%)
1	Vanguard LifeStrategy 80% Equity	14.9
2	Fundsmith Equity	18.5%
3	L&G Global Technology Index	52.1%
4	Royal London Short Term Money Market	8.12%

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May 1, 2024

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What is the best investment in 2024? ›

Some of the best investments of 2024, according to Bankrate, are high-yield savings accounts, long-term CDs, corporate bond funds, dividend stock funds and value stock funds.

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Should I invest in small-cap in 2024? ›

Recently the Indian small cap and mid cap stocks are performing better than ever. This rally in small cap and mid cap stocks has garnered even more interest from investors looking to diversify their portfolio.

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Which mutual funds are best for the next 5 years? ›

Best SIP Plans for 5 Years to invest (Debt)

Fund	AUM (In Crs)	Expense Ratio
ICICI Prudential All Seasons Bond Fund Direct Plan Growth	₹12562 Cr	0.53 %
SBI Dynamic Bond Fund Direct Growth	₹3080 Cr	0.61 %
Kotak Dynamic Bond Direct Growth	₹2518 Cr	0.56 %
DSP Strategic Bond Fund Direct Plan Growth	₹1019 Cr	0.53 %

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What are the top 5 performing mutual funds? ›

5 Best Mutual Funds to Buy Now

Mutual Fund	Assets Under Management	Expense Ratio
Vanguard Total Stock Market Index Fund (VTSAX)	$1.6 trillion	0.04%
Fidelity 500 Index (FXAIX)	$512.4 billion	0.015%
Fidelity ZERO International Index (FZILX)	$4 billion	0%
American Funds Bond Fund of America (ABNDX)	$82.6 billion	0.62%

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What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:

Money market funds.
Dividend stocks.
Bank certificates of deposit.
Annuities.
Bond funds.
High-yield savings accounts.
60/40 mix of stocks and bonds.

May 13, 2024

Ticker	Name	5-year return (%)
GQEPX	GQG Partners US Select Quality Eq Inv	19.33
FGRTX	Fidelity Mega Cap Stock	17.23
SSAQX	State Street US Core Equity Fund	16.89
FGLGX	Fidelity Series Large Cap Stock	16.88

Will 2024 be a good year for the stock market? ›

Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.

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Is Vanguard S&P 500 ETF a good investment? ›

The Vanguard ETF has an expense ratio of just 0.03%, so you get to keep most of your gains. While there's no guarantee that the S&P 500 will achieve the same level of performance in the future, it has historically produced 9%-10% annualized returns over most multidecade periods.

How to get 10% return on investment? ›

Investments That Can Potentially Return 10% or More

Stocks.
Real Estate.
Private Credit.
Junk Bonds.
Index Funds.
Buying a Business.
High-End Art or Other Collectables.

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Which sector is best to invest in in 2024? ›

Power and Renewable Energy

The government's emphasis on rapid expansion to boost the economy makes this a prime sector post-election investment. Moreover, the 2024 interim budget introduced the “PM Suryodaya Yojana 2024”, an allocation of Rs 10,000 crore to promote renewable energy sources like solar energy.

What is the next big thing to invest in? ›

The tech space is always worth watching when it comes to seeking out the next big thing in investing. Right now it seems that artificial intelligence (AI) is driving that bus and will be for the foreseeable future.

Which small-cap stock is best to buy now? ›

Small Cap Stocks

Company Name	LTP	Market Cap
BHARATGEAR Bharat Gears Ltd	106.6	163.22
BLISSGVS Bliss GVS Pharma Ltd	103.15	1077.27
BOMDYEING Bombay Dyeing & Manufacturing Company Ltd	164.2	3391.3
OAL Oriental Aromatics Ltd	344	1160.04

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Tell Me More ›

What is the future of small-cap funds? ›

Potential Gains: These investments can offer bigger rewards because they focus on smaller firms that are likely to grow rapidly. However, past performance is not an indicator of future performance. Long-Term Thinking: These funds are like planting a seed and watching it grow.

Which stocks to buy in 2024? ›

Let's look at the long term investment stock companies that you might be interested in investing in.

Power Grid Corporation of India Ltd. ...
Adani Ports and Special Economic Zone Ltd. ...
Divi's Laboratories Ltd. ...
ITC Ltd. ...
Bajaj Finance Ltd. ...
HDFC Bank Ltd. ...
Kotak Mahindra Bank Ltd. ...
Tata Consultancy Services Ltd.

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What is the ideal duration for small-cap fund? ›

Long-Term Investors: Small-cap investments can be volatile in the short run, making them suitable for investors with a time horizon of seven years or more. Over the long duration, small-cap funds have the potential to generate significant returns.

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