Only 12 small-cap funds managed to beat their respective benchmarks in the first six months of 2024 out of a total of 27 small-cap funds. This indicates that only 44% of small-cap funds outperformed, according to data from ACE MF.
Agencies
2/6
Nippon India Small Cap Fund
Nippon India Small Cap Fund, the largest small-cap fund based on assets managed, outperformed its benchmark in the first six months of 2024. The scheme offered a return of 21.89%, compared to 21.24% by its benchmark (Nifty Smallcap 250 - TRI).
IANS
3/6
Quant Small Cap Fund
Quant Small Cap Fund gave a 25.19% return in the first six months of 2024 against 21.24% by its benchmark (Nifty Smallcap 250 - TRI) in the same period.
Agencies
4/6
SBI Small Cap Fund
SBI Small Cap Fund delivered a return of 22.52% in the first six months of 2024, outperforming its benchmark (BSE 250 Small Cap - TRI), which returned 20.65% during the same period.
ETMarkets.com
5/6
Tata Small Cap Fund
This scheme delivered a return of 21.62% in the first half of 2024, compared to 21.24% by its benchmark (Nifty Smallcap 250 - TRI) during the same period.
iStock
6/6
Other outperformers
Other outperformers included Bandhan Small Cap Fund, Bank of India Small Cap Fund, Franklin India Smaller Companies Fund, HSBC Small Cap Fund, Invesco India Smallcap Fund, ITI Small Cap Fund, LIC MF Small Cap Fund, and Mahindra Manulife Small Cap Fund.
