Small-cap schemes dominate pure-play equity mutual fund returns

On an average, small-cap funds have generated annualised returns of 67.5 per cent in the last two years

Small-cap oriented schemes have fared the best, based on the two-year performance of pure-play equity funds.

Data from Value Research shows that out of 308 pure equity funds (sectoral and international funds are excluded), around 70 have managed to deliver annualised returns in excess of 50 per cent over the two-year period ended March 31, 2022.

Half of the best-performing schemes over the period are from the small-cap category. Quant Mutual Fund’s (MF’s) small-cap fund has managed to deliver the highest annualised returns of 108 per cent, followed by that of Canara Robeco MF, and Nippon India MF, with annualised returns of