Mid Cap Category News Today

Predictably, small cap funds topped the return chart. The small cap category gave an average return of around 24.13% in 2023. The category has around 24 schemes and Mahindra Manulife Small Cap Fund offered the highest return of around 34.65%, followed by Union Small Cap Fund which offered 30.83%.

"Some of the capex related themes be it, real estate, construction or broader manufacturing has seen good traction and can drive employment generation and overall growth," says Christy Mathai, fund manager, equity, Quantum Mutual Fund.