Best Small Cap Funds for SIP: The stock market is under tremendous pressure at this time. Especially small caps have fallen a lot and this index has fallen 22% from its high. As a result, small cap mutual funds have given negative returns in the recent past.
Mirae Asset Sharekhan has picked 5 small cap funds for SIP investors. In the last one year, these funds have given negative returns of up to 20%, but if we talk about long term investors, then in the last five years, they have given a CAGR return of 27%. Anyway, financial experts recommend investing in small cap funds for at least 5 years. Let’s know the complete details.
Nippon India Small Cap Fund
The NAV of Nippon India Small Cap Fund is at Rs 145. The size of the fund as on February 14 is Rs 57000 crore. SIP has given negative returns of 18% to investors in the last 1 year. The three-year CAGR return is 18% and the five-year CAGR return is 27%.
Edelweiss Small Cap Fund
The NAV of Edelweiss Small Cap Fund is at Rs 38. The size of the fund as on February 14 is Rs 4170 crore. SIP has given negative returns of 13% to investors in the last 1 year. The three-year CAGR return is 16% and the five-year CAGR return is 24%.
HSBC Small Cap Fund
The NAV of HSBC Small Cap Fund is at Rs 71. The size of the fund as on February 14 is Rs 15450 crore. SIP has given negative returns of 20% to investors in the last 1 year. The three-year CAGR return is 15% and the five-year CAGR return is 25%.
HDFC Small Cap Fund
The NAV of HDFC Small Cap Fund is at Rs 120. The size of the fund as on February 14 is Rs 31230 crore. SIP has given negative returns of 15% to investors in the last 1 year. The three-year CAGR return is 16% and the five-year CAGR return is 23%.
ICICI Prudential Smallcap Fund
ICICI Prudential Smallcap Fund’s NAV is at Rs 76. The fund size as on February 14 is Rs 7870 crore. SIP has given negative returns of 16% to investors in the last 1 year. The three-year CAGR return is 12% and the five-year CAGR return is 21%.
(Disclaimer: The investment advice given here on the funds is given by the brokerage house. These are not the views of Rights Of Employees. Consult your advisor before investing.)
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