Page 5 - Smallcap Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“There could be volatility in the market in the coming few months and investors should not get unduly shocked by the higher volatility that small and midcaps will experience compared to largecaps. Distributors are now actively advising investors to move into flexicaps and multicaps as opposed to pure smallcap, mid cap schemes. It is a healthy sign that people are not just chasing past returns and are also looking to diversify across the caps.”

Top 10 small-cap funds in India with the highest one-year returns: HDFC, Quant, Axis, Nippon India, among others

According to the last available portfolio, ICICI Prudential Smallcap Fund manages assets of Rs 6,989.26 crore. ICICI Prudential Long Term Equity Fund (Tax Saving) and ICICI Prudential Transportation and Logistics Fund manages assets of Rs 11,227.73 crore and Rs 2,550.05 crore respectively.

The small cap mutual fund category has given an average return of 24.95% in this year so far. The category offered around 26.53% returns in six months.

Midcap and smallcap funds were preferred by investors according to data shared by Motilal Oswal Financial. Seven top schemes in assets under management revealed the highest increase in AUM on a month-on-month basis in May. HDFC Smallcap Fund led the pack, with a nearly 7% change in the net asset value. Despite earning growth concerns, shares of Tata Elxsi has given a 24% return to investors. Suzlon Energy has given 36% return, while Raymond has given approximately 12% return. Money managers remain confident with midcap and small cap funds, with funds flows continuing.