A Look at 3 Top Quality Small and Mid Cap Equity Funds

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    Investment in Mutual funds are surging as markets hit record highs every day. Most of the equity related mutual funds have had an exceptional run in the last one year.

    A Look at 3 Top Quality Small and Mid Cap Equity Funds
    Here is a list of top quality Small and Mid Cap Equity Mutual Funds in India that have the potential to generate good returns.

    Canara Robeco Emerging Equities Fund

    The Fund has been rated as number one by Crisil and Value Research Online has also accorded the fund a 5-star rating, making it perhaps one of the best bets in its category. The fund has several blue chip stocks in its portfolio including the likes of Federal Bank,Yes Bank and Indusind Bank. The Fund has generated a super return of 108 per cent in the last one year and more than 25 per cent in the last 5 years. That makes the track record of Canara Bank Robeco Emerging Equities phenomenal by any standards. One can also opt for investment of Rs 1000 in the Systematic Investment Plan of the scheme.


    Franklin India Smaller Companies Fund

    The Fund is yet another super performer in category. A solid portfolio and superlative returns has made the fund an extremely strong "buy" opportunity.

    The last one year return from the Franklin India Smaller Companies Fund has been 93 per cent, while the 5 year return has been close to 23 per cent. Like Canara Bank Robeco the company has some high quality names especially from the banking sector including names like Yes Bank, Indusind Bank and Axis Bank. There is an exit load of one per cent if redemption happens within one year.

    Reliance Small Cap Fund

    Reliance Small Cap Fund has been rated 5-star by Value Research Online. The return from the fund in the last one year has been 108 per cent, while the returns in the last 3 years has been a super 3 per cent. The Fund has investment in quality stocks like L G Balakrishnan and Sons, TVS Motors, Atul, HDFC Bank and Orient Cements. Crisil has also accorded the fund a number status. One can invest in the SIP through a minimum investment of Rs 100. The exit load of the fund is rather high at 2 per cent. So, if you are investing make sure that you do it with a slightly longer perspective of more than one year.

    Conclusion

    While the above funds have generated good returns for investors, it must be remembered that mutual fund investments are subject to market risk. It's best to use the SIP route since markets have run-up too fast.

    GoodReturns.in

    Read more about: mutual funds
    Story first published: Thursday, December 4, 2014, 8:42 [IST]
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