Key Points
We considered all equity schemes like large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, flexi cap,focused fund, contra and value..
Equity mutual funds helped investors to create a lot of wealth in 2023..
Most schemes offered double-digit returns in the calendar year, and some schemes offered 20-30% in 2023..
That prompted ETMutualFunds to look for schemes that have offered the maximum returns in 2023..
ITI Small Cap Fund that manages assets of Rs 1,649.72 crore offered 32.57% in 2023...
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31 equity mutual funds offer over 50% returns in one year
13, Feb, 24Bandhan Small Cap Fund, the topper in the list, offered 70.32% in one year horizon. Mahindra Manulife Small Cap Fund offered 67.56%.
This small-cap equity mutual fund gave 36.5% returns in 3-year period; should you invest?
28, Aug, 23ICICI PRU SMALL CAP: Under the new mandate, the fund has a portfolio balanced between quality compounders and normalcy candidates on the path to recovery. While it has struggled in the past year, it has exhibited healthy outperformance over three and five years. Aggressive investors seeking pure-play small cap exposure may consider this fund.
Best small cap mutual funds to invest in 2023
10, May, 23Axis Small Cap Fund, one of the recommended schemes, has been in the third quartile for the last two months. The scheme had been in the last quartile two months before that. SBI Small Cap Fund has been in the third quartile for the last three months.