This Small Cap Fund Has Given Return of 129% in 3-Years

Nippon India Small Cap Fund with direct growth plan is among the top five schemes in the small cap category of equity mutual funds. In 3 years this small cap fund has given absolute return of 129%. It is ranked 2 by crisil. Here are the details.

Performance of the Nippon India Small Cap Fund

Nippon India Small Cap Fund can fetch you return of 59.69%, if you do a monthly SIP of Rs 12,000 for 3-years. Your total investment of Rs 4.32 lakhs grows to Rs 6.89 lakhs. In three years the scheme has given the annualised return of 31.71%, higher than the category average return of 26.56% and S&P BSE 250 SmallCap TRI index return of 22.05%. However, please note that past performance is not indicative of future good returns.

Portfolio details of Nippon India Small Cap Fund

The portfolio of Nippon India Small Cap Fund holds 96.7% assets in equity and only 3.3% in cash. Tube Investments Of India, HDFC Bank, Bank Of Baroda, KPIT Technologies and Balrampur Chini Mills Ltd are its top holdings. The portfolio also holds stocks of Axis Bank, State Bank of India, and Larsen & Toubro which have rallied. The small cap equity fund's assets under management is at Rs 23,701.28 crore

Rankings and Risks

Nippon India Small Cap Fund has been ranked number 2 by Crisil and Morningstar has given a 5-star rating. The portfolio has heavy investments into equities of 96.7%, with bare minimum investments in cash and no investments in debt. The small cap fund has a Beta of 0.96. Also note a large portion is given to capital goods and financial sector. So, please note the investment risk is extremely high. We are merely sharing the facts about the funds and not providing any recommendations.

 

Disclaimer

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