3 Top Rated Small Cap Mutual Funds That Delivered Best Returns In 3 Yrs SIP

As we are near the end of FY23, it's time to look into the best-performing mutual funds. When looking at the returns, small-cap funds look promising in terms of returns. The small-cap category, which comprises all stocks with the exception of the top 250 by market capitalization, is where these mutual funds choose the equities they want to invest in. Here we list 3 top performing small cap funds with highest returns in 3 years SIP:

1. Quant Small Cap Fund

Quant Small Cap Fund is a 5 star rated mutual fund by both CRISIL and Value Research. It gave 50.3% annualised returns in 3 years and 99.41% absolute returns in the same period. The annualised return delivered by the scheme is the highest in its category in 3 years SIP. The scheme has 98.42% holding in equities which includes ITC, RBL Bank, Punjab National Bank, Jindal Stainless, and IRB Infrastructure Developers among the top five. If you had invested Rs 10,000 monthly as SIP, with Rs 10,000 upfront investments, which in total become Rs 3,70,000 would have turned into Rs 7,58.022 in 3 years which is 51.1% annualised returns. You can begin investing in this fund with Rs 5,000 minimum amount and a minimum Rs 1,000 for SIP. 

1. Nippon India Small Cap Fund

This is another small-cap fund in the list with 2nd highest SIP Returns in 3 years. The fund has given 35% annualised returns in 3 years SIP, and 64.3% absolute returns in the same period. The fund has been rated 4 star by CRISIL and Value Research. With the initial investment of Rs 10,000 and Rs 10,000 monthly SIP, which in 3 years total makes Rs 3,70,000. The invested total amount would have translated into Rs 6,29,394 in 3 years which is 36.69% annualised returns. The scheme has 96.5% investments in equity with top-holding including Tube Investments of India, Bank of Baroda, HDFC Bank, KPIT Technologies, and Bajaj Electronics. The minimum amount required to begin investing in this fund is Rs 5,000 and for SIP, it is Rs 1,000.

1. Canara Robeco Small Cap Fund

Canara Robeco Small Cap Fund is 3rd on this list with the highest returns in 3 years SIP. It has been rated 4 star by CRISIL and 5 star by Value Research. In 3 years SIP, the fund has given 32.94% annualised returns, while in the same period, it has given 59.92% absolute returns. An initial investment of Rs 10,000 in this fund with monthly SIP of Rs 10,000 in 3 years i.e. Rs 3,70,000 in total would have turned into Rs 6,24,011 which is 36.05% annualised return. You can start investing in this scheme with a minimum Rs 5,000 amount and to begin SIP in this scheme the minimum amount required is Rs 1,000. 

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.