Top 10 Small-Cap Mutual Funds for SIP Investments in 2024

For investors seeking to steadily grow their wealth, the Systematic Investment Plan (SIP) method within mutual funds offers a compelling avenue. SIPs enable individuals to systematically invest over time, mitigating the need for a substantial initial capital outlay. This strategy is especially advantageous for those aiming to combat inflation and partake in the incremental growth of the stock market.

Delving into the small-cap category, we’ve sifted through data from the Association of Mutual Funds in India (AMFI) to unveil the top performers in 2024. These mutual funds showcase impressive returns over a five-year period, underscoring their potential for sustained growth.

Leading the pack is the Quant Small Cap Fund, boasting a formidable return of 40.66%. Not far behind, the Bank of India Small Cap Fund follows suit with an impressive 33.79% return, closely trailed by the Nippon India Small Cap Fund at 32.03%. Investors eyeing the Edelweiss Small Cap Fund can rejoice in its commendable 30.70% return, while the Canara Robeco Small Cap Fund isn’t far behind at 29.82%. Additionally, the Tata Small Cap Fund clocks in at 29.75%, showcasing its robust performance. The list continues with the Kotak Small Cap Fund at 28.98%, the Invesco India Smallcap Fund at 28.72%, and the Axis Small Cap Fund at 28.39%. Rounding off the top ten is the ICICI Prudential Smallcap Fund, exhibiting a commendable 27.95% return. It’s worth noting that each of these funds has outperformed its respective benchmark indices, delivering alpha returns.

Top 10 SIP Mutual Funds for Small-Cap Investments in 2024:

1. Quant Small Cap Fund: 40.66%
2. Bank of India Small Cap Fund: 33.79%
3. Nippon India Small Cap Fund: 32.03%
4. Edelweiss Small Cap Fund: 30.70%
5. Canara Robeco Small Cap Fund: 29.82%
6. Tata Small Cap Fund: 29.75%
7. Kotak Small Cap Fund: 28.98%
8. Invesco India Smallcap Fund: 28.72%
9. Axis Small Cap Fund: 28.39%
10. ICICI Prudential Smallcap Fund: 27.95%

Important Reminders:

• Past performance is not indicative of future results.
• Consider your investment goals, risk tolerance, and investment horizon before investing.
• Consult a financial advisor for personalized investment advice.

Start your SIP journey today and unlock the potential of high-growth small-cap stocks!