Quant Small Cap Fund
Quant Small Cap Fund turned the monthly investment of Rs 20,000 to Rs 1 crore in a 10-year horizon. If an investor invested Rs 20,000 monthly in this small cap scheme starting from May 15, 2014, then the investor would have earned an XIRR of 27.24% in a 10-year period.
Quant Small Cap Fund manages an asset base of Rs 20,164 crore as of April 2024. The scheme invests 64% in small cap, 25% in large cap, and 10% in others (including cash and cash equivalents). The scheme is managed by Ankit Pande, Vasav Sahgal, and Sanjeev Sharma.
ETMutualFunds further analysed how other small cap schemes that have completed 10 years of existence managed to grow the monthly investment of Rs 20,000. Also Read | Want to know how many years will your investment take to double? Use Rule 72There were around 13 small cap schemes that have completed 10 years of existence in the market. These 13 schemes delivered an XIRR ranging between 15.79% – 25.49%. A monthly investment in these 13 schemes would have grown between Rs 54.53 lakh – Rs 91.78 lakh in a 10-year period.
Nippon India Small Cap Fund, the largest scheme in the small cap category, turned the monthly investment of Rs 20,000 to Rs 91.78 lakh with an XIRR of 25.49%. HSBC Small Cap Fund turned the monthly investment into Rs 77.54 lakh with an XIRR of 22.36%
Axis Small Cap Fund and Kotak Small Cap Fund turned monthly investments into Rs 72 lakh each in the last 10 years. Aditya Birla Sun Life Small Cap Fund turned the monthly investment of Rs 20,000 into Rs 54.53 lakh with an XIRR of 15.79%
We considered all small cap funds that have completed 10 years in the market, including both regular and growth options.
Also Read | PPFAS Mutual Fund: ITC, Power Grid, and Coal India among top 10 stock holdings in April
Note, the above exercise is not a recommendation. The above exercise was done to find which small cap scheme turned a monthly investment of Rs 20,000 to Rs 1 crore in the last 10 years.
One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goal before making investment decisions.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on [email protected] alongwith your age, risk profile, and twitter handle.