Top small cap mutual fund schemes: If you’re looking for the top small cap mutual fund schemes for investment in 2024 and considering returns, you’re in the right place. In this article, we’re going to provide a list of the top mutual fund schemes based on their returns over multiple time frames like 10 years, 5 years, and more.
Nowadays, when we’re looking at different small cap mutual fund schemes in the Indian context, we see some extraordinary returns being provided by them in the last one and a couple of years.
Top small cap mutual fund schemes by returns in the last 1 year
In a one-year time frame, you may be surprised to find some top-performing small-cap funds whose names you had heard about for the first time. The list includes the following-
| Sr No | Top Small cap mutual fund schemes name | Returns (%) |
| 1 | Bandhan small cap mutual fund direct growth | 74.38 |
| 2 | Mahindra Manulife small cap mutual fund direct growth | 71.42 |
| 3 | Quant small cap mutual fund direct growth | 70.15 |
| 4 | ITI small cap mutual fund direct growth | 67.04 |
| 5 | ICICI Prudential small cap mutual fund direct growth | 65.74 |
| 6 | Franklin India small cap mutual fund direct growth | 58.09 |
| 7 | Invesco India small cap mutual fund direct growth | 56.44 |
| 8 | Nippon India small cap mutual fund direct growth | 56.44 |
| 9 | Sundaram small cap mutual fund direct growth | 52.04 |
| 10 | Bank of India small cap mutual fund direct growth | 51.86 |
Top small cap mutual fund schemes by returns in the last 2 years
In the past two years, a lesser known small cap mutual fund scheme outperformed most well known small cap mutual fund schemes. Please review the list provided below.
| Sr No | Top Small cap mutual fund schemes name | Returns (%) |
| 1 | ITI small cap mutual fund direct growth | 33.29 |
| 2 | Quant small cap mutual fund direct growth | 32.96 |
| 3 | Franklin India small cap mutual fund direct growth | 32.08 |
| 4 | Bandhan small cap mutual fund direct growth | 31.85 |
| 5 | Nippon India small cap mutual fund direct growth | 29.95 |
| 6 | HDFC small cap mutual fund direct growth | 29.56 |
| 7 | TATA small cap mutual fund direct growth | 29.40 |
| 8 | Invesco India small cap mutual fund direct growth | 28.32 |
| 9 | HSBC small cap mutual fund direct growth | 26.64 |
| 10 | Sundaram small cap mutual fund direct growth | 25.53 |
Top small cap mutual fund schemes by returns in the last 3 years
If you invested in the small cap mutual fund schemes listed below, you would have generated a significant return in a short time frame. This can happen when a bull run is taking place.
| Sr No | Top Small cap mutual fund schemes name | Returns (%) |
| 1 | Quant small cap mutual fund direct growth | 41.34 |
| 2 | Nippon India small cap mutual fund direct growth | 35.87 |
| 3 | HSBC small cap mutual fund direct growth | 34.15 |
| 4 | Franklin India small cap mutual fund direct growth | 33.91 |
| 5 | TATA small cap mutual fund direct growth | 33.25 |
| 6 | HDFC small cap mutual fund direct growth | 32.53 |
| 7 | Bandhan small cap mutual fund direct growth | 32.23 |
| 8 | Canara Robeco small cap mutual fund direct growth | 31.63 |
| 9 | Invesco India small cap mutual fund direct growth | 31.52 |
| 10 | Edelweiss small cap mutual fund direct growth | 30.79 |
Top small cap mutual fund schemes by returns in the last 5 years
A 5 year time frame is a decent period if you are investing through SIP and there are no unusual events affecting the world or country economies. The top performing small cap mutual fund schemes over the last five years are listed below.
| Sr No | Top Small cap mutual fund schemes name | Returns (%) |
| 1 | Quant small cap mutual fund direct growth | 37.72 |
| 2 | Bank of India small cap mutual fund direct growth | 32.14 |
| 3 | Nippon India small cap mutual fund direct growth | 30.25 |
| 4 | Edelweiss small cap mutual fund direct growth | 29.29 |
| 5 | Canara Robeco small cap mutual fund direct growth | 28.47 |
| 6 | Tata small cap mutual fund direct growth | 28.23 |
| 7 | Axis small cap mutual fund direct growth | 27.70 |
| 8 | Invesco small cap mutual fund direct growth | 27.43 |
| 9 | Kotak small cap mutual fund direct growth | 27.33 |
| 10 | ICICI Prudential small cap mutual fund direct growth | 26.68 |
Top small cap mutual fund schemes by returns in the last 10 years
Ten years is a long time frame for investors. If you continuously invest over a decade, you should generate decent returns on your investment. Below, you can see a list of well known and established small cap mutual fund schemes over a 10 year time frame.
| Sr No | Top Small cap mutual fund schemes name | Returns (%) |
| 1 | Nippon India small cap mutual fund direct growth | 28.04 |
| 2 | SBI small cap mutual fund direct growth | 27.11 |
| 3 | Axis small cap mutual fund direct growth | 24.17 |
| 4 | DSP small cap mutual fund direct growth | 24.08 |
| 5 | Kotak small cap mutual fund direct growth | 23.54 |
| 6 | Franklin India small cap mutual fund direct growth | 22.71 |
| 7 | HDFC small cap mutual fund direct growth | 22.58 |
| 8 | Quant small cap mutual fund direct growth | 21.36 |
| 9 | Sundaram small cap mutual fund direct growth | 21.17 |
| 10 | ICICI Prudential small cap mutual fund direct growth | 19.52 |
Conclusion
Small cap mutual fund schemes are very risky. Past returns are not a guarantee of future returns. Nowadays, everyone is talking about small cap mutual fund scheme returns. The small cap index is also at an all time high. Regulators are aware of liquidity issues in small cap investments, and thus, small cap mutual fund schemes must undergo stress tests. When you are going to invest in a small cap mutual fund scheme, be cautious.
Disclaimer
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Also read: Top Flexi Cap mutual fund schemes which gives huge returns in past