What are the best Small Cap Mutual Funds in India?

There are 36 Small Cap Mutual Funds in India. The top performer is BANDHAN SMALL CAP FUND - REGULAR PLAN GROWTH by Bandhan Mutual Fund with a 3-year CAGR of 22.02%. MFGenie shows 24 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Small Cap Mutual Funds?

The average 3-year CAGR is 14.49%. Past performance does not guarantee future results.

Best Small Cap Mutual Funds

High-risk, high-reward small cap funds. Ranked by 3-year CAGR for long-term investors. Data from AMFI, updated daily.

36 funds in this category · showing top 24 ranked by 3-year return

Looking for the full directory? View all Small Cap Mutual Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	Bandhan Small Cap Fund · Regular · Growth Bandhan Mutual Fund	₹26,012 Cr	₹51.19	+11.24%	+22.02%	+17.83%	—	+28.11% Feb 2020	Invest
2	ITI Small Cap Fund · Regular · Growth ITI Mutual Fund	₹2,977 Cr	₹33.61	+20.63%	+21.93%	+16.44%	—	+20.11% Feb 2020	Invest
3	Invesco India Small Cap Fund · Regular · Growth Invesco Mutual Fund	₹11,496 Cr	₹46.99	+14.83%	+20.46%	+17.86%	—	+21.59% Oct 2018	Invest
4	Bank of India Small Cap Fund · Regular · Growth Bank of India Mutual Fund	₹1,356 Cr	₹58.41	+27.98%	+19.87%	+18.28%	—	+25.54% Dec 2018	Invest
5	Mahindra Manulife Small Cap Fund · Regular · Growth Mahindra Manulife Mutual Fund	₹4,512 Cr	₹22.17	+16.61%	+18.14%	—	—	+23.32% Nov 2022	Invest
6	DSP Small Cap Fund · Regular · Growth DSP Mutual Fund	₹18,087 Cr	₹229.47	+19.28%	+16.63%	+16.74%	+16.15%	+17.63% Jun 2007	Invest
7	LIC MF Small Cap Fund · Regular · Growth LIC Mutual Fund	₹674 Cr	₹34.90	+16.33%	+16.63%	+16.21%	—	+14.45% Jun 2017	Invest
8	quant Small Cap Fund · Regular · Growth quant Mutual Fund	₹30,875 Cr	₹286.35	+14.22%	+16.00%	+17.40%	+19.63%	+17.28% Jan 2002	Invest
9	Union Small Cap Fund · Regular · Growth Union Mutual Fund	₹2,027 Cr	₹59.06	+21.60%	+15.59%	+15.79%	+16.25%	+15.53% May 2014	Invest
10	Sundaram Small Cap Fund · Regular · Growth Sundaram Mutual Fund	₹3,596 Cr	₹291.54	+14.67%	+14.81%	+14.86%	+14.10%	+16.88% Feb 2005	Invest
11	PGIM India Small Cap Fund · Regular · Growth PGIM India Mutual Fund	₹1,545 Cr	₹18.18	+13.27%	+14.13%	+11.16%	—	+12.26% Jul 2021	Invest
12	Aditya Birla Sun Life Small Cap Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹5,300 Cr	₹98.58	+18.72%	+13.96%	+12.40%	+12.27%	+12.57% Apr 2007	Invest
13	Axis Small Cap Fund · Regular · Growth Axis Mutual Fund	₹27,535 Cr	₹114.23	+9.55%	+13.85%	+14.38%	+17.79%	+20.90% Nov 2013	Invest
14	Nippon India Small Cap Fund · Regular · Growth Nippon India Mutual Fund	₹73,159 Cr	₹180.77	+8.87%	+13.80%	+17.38%	+19.79%	+19.78% Sep 2010	Invest
15	Edelweiss Small Cap Fund · Regular · Growth Edelweiss Mutual Fund	₹6,048 Cr	₹46.14	+7.27%	+13.03%	+14.60%	—	+22.15% Feb 2019	Invest
16	HSBC Small Cap Fund · Regular · Growth HSBC Mutual Fund	₹16,527 Cr	₹89.11	+12.64%	+12.89%	+15.79%	+17.15%	+19.32% Apr 2014	Invest
17	UTI Small Cap Fund · Regular · Growth UTI Mutual Fund	₹4,890 Cr	₹26.64	+5.30%	+11.86%	+13.16%	—	+3.88% Jan 2001	Invest
18	Franklin India Small Cap Fund · Regular · Growth Franklin Templeton Mutual Fund	₹13,704 Cr	₹173.08	+5.10%	+11.03%	+14.27%	+13.86%	+14.76% Nov 2005	Invest
19	Kotak Small Cap Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹17,608 Cr	₹270.53	+6.73%	+10.84%	+11.09%	+15.68%	+16.50% Feb 2005	Invest
20	Canara Robeco Small Cap Fund · Regular · Growth Canara Robeco Mutual Fund	₹13,291 Cr	₹39.71	+4.39%	+10.38%	+12.62%	—	+19.84% Jan 2019	Invest
21	Tata Small Cap Fund · Regular · Growth Tata Mutual Fund	₹11,525 Cr	₹39.27	-0.62%	+10.37%	+13.52%	—	+18.96% Oct 2018	Invest
22	ICICI Prudential Smallcap Fund · Regular · Growth ICICI Prudential Mutual Fund	₹8,815 Cr	₹90.74	+5.02%	+10.29%	+12.68%	+14.87%	+12.34% Sep 2007	Invest
23	SBI Small Cap Fund · Regular · Growth SBI Mutual Fund	₹37,117 Cr	₹180.04	+6.47%	+10.25%	+12.49%	+17.11%	+18.47% Sep 2009	Invest
24	HDFC Small Cap Fund · Regular · Growth HDFC Mutual Fund	₹38,667 Cr	₹135.80	-2.39%	+8.97%	+13.07%	+16.09%	+15.15% Feb 2008	Invest
―	Category averagemedian of 71 funds	—	—	+12.64%	+14.64%	+15.27%	—	+18.47%
📊	BenchmarkNIFTY SMALLCAP 250	—	—	+6.92%	+13.88%	+14.44%	—	—

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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