Smaller companies. At least 65% in small companies, those ranked 251st and below by market value.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Bandhan Small Cap Fund (+20.1% a year), ITI Small Cap Fund (+19.8% a year) and Invesco India Small Cap Fund (+18.3% a year). Past returns do not tell you future returns.
Bandhan Small Cap Fund Bandhan | +0.8% | +20.1% | +16.7% | 1/26 | 1.74% | ₹35,679 cr |
| +10.3% | +19.8% | +14.8% | 2/26 | 2.20% | ₹3,620 cr | |
Invesco India Small Cap Fund Invesco | +7.3% | +18.3% | +16.7% | 3/26 | 1.84% | ₹16,545 cr |
Bank of India Small Cap Fund Bank of India | +16.0% | +16.9% | +16.5% | 4/26 | 2.25% | ₹3,719 cr |
Mahindra Manulife Small Cap Fund Mahindra Manulife | +6.9% | +16.3% | — | 5/26 | 2.17% | ₹5,253 cr |
Quant Small Cap Fund quant | +5.0% | +15.2% | +15.5% | 6/26 | 1.66% | ₹33,804 cr |
| +9.5% | +15.0% | +14.8% | 7/26 | 1.71% | ₹20,444 cr | |
| +7.7% | +15.0% | — | 8/26 | 2.64% | ₹816 cr | |
Union Small Cap Fund Union | +11.4% | +13.5% | +14.6% | 9/26 | 2.18% | ₹2,653 cr |
PGIM India Small Cap Fund PGIM India | +5.9% | +13.2% | +9.6% | 10/26 | 2.36% | ₹1,683 cr |
Aditya Birla Sun Life Small Cap Fund Aditya Birla Sun Life | +7.2% | +12.9% | +11.2% | 11/26 | 2.00% | ₹5,916 cr |
Sundaram Small Cap Fund Sundaram | +3.1% | +12.6% | +13.1% | 12/26 | 2.02% | ₹3,894 cr |
Nippon India Small Cap Fund Nippon India | +0.8% | +12.2% | +16.1% | 13/26 | 1.41% | ₹77,995 cr |
| +1.3% | +12.0% | +13.0% | 14/26 | 1.68% | ₹29,232 cr | |
Edelweiss Small Cap Fund Edelweiss | -1.0% | +11.3% | +13.0% | 15/26 | 1.95% | ₹6,769 cr |
| +3.2% | +11.1% | — | 16/26 | 1.78% | ₹17,514 cr | |
| -3.2% | +10.8% | +11.5% | 17/26 | 2.02% | ₹5,076 cr | |
Baroda BNP Paribas Small Cap Fund Baroda BNP Paribas | +1.4% | +10.1% | — | 18/26 | 2.45% | ₹1,223 cr |
| -0.4% | +9.8% | +10.8% | 19/26 | 1.60% | ₹39,782 cr | |
Kotak Small Cap Fund Kotak Mahindra | -2.4% | +9.7% | +9.2% | 20/26 | 1.72% | ₹17,907 cr |
Canara Robeco Small Cap Fund Canara Robeco | -4.2% | +8.7% | +10.7% | 21/26 | 1.89% | ₹13,302 cr |
ICICI Prudential Small Cap Fund ICICI Prudential | -2.6% | +8.7% | +10.6% | 22/26 | 2.09% | ₹9,243 cr |
Franklin India Small Cap Fund Franklin Templeton | -5.2% | +8.7% | +12.2% | 23/26 | 1.87% | ₹13,443 cr |
Quantum Small Cap Fund Quantum | -1.1% | +8.1% | — | 24/26 | 2.31% | ₹250 cr |
| -9.8% | +8.0% | +11.9% | 25/26 | 1.57% | ₹39,461 cr | |
| -9.5% | +7.2% | +10.3% | 26/26 | 1.70% | ₹12,019 cr | |
Abakkus Small Cap Fund Abakkus | — | — | — | — | 2.45% | ₹3,384 cr |
Bajaj Finserv Small Cap Fund Bajaj Finserv | +6.4% | — | — | — | 2.39% | ₹2,768 cr |
Groww Small Cap Fund Groww | — | — | — | — | 2.65% | ₹1,033 cr |
Helios Small Cap Fund Helios | — | — | — | — | 2.35% | ₹1,925 cr |
JM Small Cap Fund JM Financial | +3.8% | — | — | — | 2.57% | ₹871 cr |
Mirae Asset Small Cap Fund Mirae Asset | -1.0% | — | — | — | 2.10% | ₹5,697 cr |
Motilal Oswal Small Cap Fund Motilal Oswal | +10.2% | — | — | — | 1.91% | ₹8,168 cr |
Samco Small Cap Fund Samco | — | — | — | — | 3.36% | ₹276 cr |
| +16.9% | — | — | — | 2.84% | ₹3,976 cr | |
The Wealth Company Small Cap Fund The Wealth Company | — | — | — | — | 3.60% | ₹148 cr |
The largest funds in the category, two at a time
Answered from the figures above, updated every business day
36 funds, managing ₹4.45 lakh cr between them as of 3 Nov 2026. The largest is Nippon India Small Cap Fund, at ₹77,995 cr.
The average Small Cap fund returned +3.0% over the last year, +12.5% a year over three years, +13.0% a year over five years. Over the last year the funds ranged from -9.8% to +16.9%. Past returns do not tell you future returns.
Nippon India Small Cap Fund, at 1.41% a year, against 2.06% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Bandhan Small Cap Fund, at +20.1% a year over the last three years, against +12.5% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 16.9%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level Very High, on SEBI's six-step scale from Low to Very High.
Looking at a different kind of fund? See every category.
NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.