Around three smallcap mutual funds have contributed 61% to the total inflows in the last six months (December 2023 to May 2024), according to a report by ICICI Direct Research.
ET Online
2/5
Chart Toppers
The top three smallcap funds — Quant Small Cap Fund, Nippon India Small Cap Fund, and SBI Small Cap Fund — together contributed 61% to the total inflows in the smallcap category.
ETMarkets.com
3/5
Less than 2% of total inflows
Of the 27 total smallcap funds, 20 saw less than 2% of the total inflows whereas eight funds saw outflows in the last six months, according to the report.
Shutterstock.com
4/5
High inflows
The smallcap funds have been witnessing higher inflows for the last few months. In the last six months, industry saw Rs 15,000 crore inflows from December 2023 till May 2024.
Getty Images
5/5
Returns delivered
In the last six months, smallcap funds have delivered an average return of around 14.36%.