HomeInvestment ProductsMutual Fund5 smallcap mutual funds gave over 25% in 5 years. Have you invested in any? – Betting on Minnows – The Economic Times
ETMutualFunds analysed every day rolling returns of 199 fairness schemes which have accomplished 5 years of existence available in the market and located that the toppers have been from the smallcap class.
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Financial institution of India Small Cap Fund
Financial institution of India Small Cap Fund, the topper within the checklist, gave a 30.40% return in 5 years primarily based on every day rolling returns. Launched in December 2018, the scheme manages an asset base of Rs 919 crore as on February 29, 2024.
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Edelweiss Small Cap Fund
The scheme gave 28.12% return in 5 years primarily based on every day rolling returns. Launched in February 2019, the scheme manages property of Rs 3,134 crore.
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Canara Robeco Small Cap Fund
Primarily based on every day rolling returns, the scheme gave 26.32% return in 5 years. Launched in February, the scheme manages an asset base of Rs 9,402 crore.
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Tata Small Cap Fund
The scheme provided 25.94% return in 5 years primarily based on every day rolling returns. Launched in November 2018, the scheme manages property of Rs 6,289 crore.
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Invesco India Smallcap Fund
Launched in October 2018, the scheme gave 25.34% return in 5 years primarily based on every day rolling returns. The scheme manages property of Rs 3,705 crore.
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Rolling returns
ETMutualFunds thought-about every day rolling returns for the research. Many funding specialists think about rolling returns as a greater indicator of analysing the efficiency of mutual fund schemes.
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Why rolling returns?
Rolling returns is the common of returns over a time period and signifies higher efficiency. It may be rolled on a every day, month-to-month, or yearly frequency within the outlined time-period. Many traders think about point-to-point returns or trailing returns to analyse the efficiency of a scheme.