Mutual fund schemes are a great place to save for the future with even less investment. Even though debt funds do not provide fixed income, they are schemes that help you save for immediate needs.
Most of the investors have abandoned small cap schemes due to the recent volatility in the stock market. However, the small cap category is still in a positive position over the past one year.
This category of funds has returned 2.6% in the last one year. This data clearly shows that small cap schemes can trade in tough market conditions.
However, these types of mutual funds can also provide better returns if you have the ability to tolerate volatility and take additional risk. And smallcafe funds have given returns of around 18% over 10 years.
List of Top 4 Small Cap Funds to Invest in 2023:
1. Axis Small Cap Fund
2. SBI Small Cap Fund
3. Kotak Small Cap Fund
4. Nippon India Small Cap Fund
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.