The popularity of mutual funds continues to grow, with SIP being a popular and effective way to invest.
Small-cap funds have performed exceptionally well in recent years, offering high returns but also carrying high risks.
If you are considering investing in these funds, it’s best to take a long-term perspective.
Here are the top 5 small-cap funds that have delivered the highest returns over the last 10 years. The data is based on April 30, 2025, from the AMFI website.
1. Nippon India Small Cap Fund Direct Growth
10-Year Average Return (CAGR): 21.85%
Fund Size: ₹58,028 Crore
NAV: ₹172
Benchmark: Nifty Smallcap 250 TRI Index
Risk Level: Very High
2. Quant Small Cap Fund Direct Growth
10-Year Average Return (CAGR): 19.67%
Fund Size: ₹26,530 Crore
NAV: ₹256
Benchmark: Nifty Smallcap 250 TRI Index
Risk Level: Very High
3. SBI Small Cap Fund Direct Growth
10-Year Average Return (CAGR): 19.65%
Fund Size: ₹31,790 Crore
NAV: ₹186
Benchmark: BSE Smallcap 250 TRI Index
Risk Level: Very High
4. HSBC Small Cap Fund Direct Growth
10-Year Average Return (CAGR): 19.33%
Fund Size: ₹14,735 Crore
NAV: ₹81
Benchmark: Nifty Smallcap 250 TRI Index
Risk Level: Very High
5. Axis Small Cap Fund Direct Growth
10-Year Average Return (CAGR): 19.25%
Fund Size: ₹23,640 Crore
NAV: ₹112
Benchmark: Nifty Smallcap 250 TRI Index
Risk Level: Very High.
