+91-22-48913909Best Small & Midcap Equity Mutual Funds 2026
Mid and small cap Mutual Funds are a well-known plan due to its potential of delivering good profits in the long-run. These funds are also considered as one of the best wealth creation tools for long-term investment goals. Investors can plan their various goals like Retirement planning, a child's higher education or a purchase of house/car, etc. Mid and Small cap funds are a type of Mutual Funds that invest in stocks of mid to small sized companies.
These funds are typically defined as firms with a market capitalization (MC=no of shares issued by the company X market price per share) of INR 1000- 500 Crore. Traditionally, mid-caps are mid-sized companies, which, if run well and have a good business strategy become tomorrow’s leaders or large-caps. In fact, mid-cap stocks outperformed both large cap and small cap stocks in the year 2015, due to lower interest rates, lower input cost, and improvement in capital reduction. The BSE mid-cap and BSE small-cap index surged 7.43% & 6.76%, respectively, whereas, BSE Sensex fell 5.03% during the same period of time.
Investors who are keen to invest in mid & small cap funds, below are the top performing funds with an AUM size of more than 2500 Cr.
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Fund Selection Methodology used to find 6 funds
Top 6 Best Small & Midcap Funds To Invest In 2026
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2025 (%) Sundaram Small Cap Fund Growth ₹298.664
↓ -0.50 ₹3,922 11 15.3 17.5 18.2 17 0.4 BNP Paribas Mid Cap Fund Growth ₹113.469
↓ -0.06 ₹2,584 5.7 6.6 13.5 18 15.1 2.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 26 Research Highlights & Commentary of 2 Funds showcased
Commentary Sundaram Small Cap Fund BNP Paribas Mid Cap Fund Point 1 Highest AUM (₹3,922 Cr). Bottom quartile AUM (₹2,584 Cr). Point 2 Oldest track record among peers (21 yrs). Established history (20+ yrs). Point 3 Top rated. Rating: 3★ (bottom quartile). Point 4 Risk profile: Moderately High. Risk profile: High. Point 5 5Y return: 17.03% (upper mid). 5Y return: 15.15% (bottom quartile). Point 6 3Y return: 18.18% (upper mid). 3Y return: 18.04% (bottom quartile). Point 7 1Y return: 17.55% (upper mid). 1Y return: 13.51% (bottom quartile). Point 8 Alpha: 5.33 (upper mid). Alpha: 2.17 (bottom quartile). Point 9 Sharpe: 0.31 (bottom quartile). Sharpe: 0.38 (upper mid). Point 10 Information ratio: -0.05 (upper mid). Information ratio: -0.22 (bottom quartile). Sundaram Small Cap Fund
BNP Paribas Mid Cap Fund
*Above list of funds is having Net Assets more than 2,500 Crores. Sorted on Last 3 Year Return.
(Erstwhile Sundaram SMILE Fund) To primarily achieve capital appreciation by
investing in diversified stocks that are
generally termed as small and mid-caps and
by investing in other equities. Below is the key information for Sundaram Small Cap Fund Returns up to 1 year are on The Investment objective of the scheme is to seek to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in
the middle and small capitalization segment, defi ned as ‘Future Leaders’. The fund will emphasize on companies that appear to offer opportunities for long-term growth and will be inclined towards companies that are driven by dynamic style of management and entrepreneurial fl air. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. Research Highlights for BNP Paribas Mid Cap Fund Below is the key information for BNP Paribas Mid Cap Fund Returns up to 1 year are on 1. Sundaram Small Cap Fund
Sundaram Small Cap Fund
Growth Launch Date 15 Feb 05 NAV (18 Aug 26) ₹298.664 ↓ -0.50 (-0.17 %) Net Assets (Cr) ₹3,922 on 31 Jul 26 Category Equity - Small Cap AMC Sundaram Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.94 Sharpe Ratio 0.31 Information Ratio -0.05 Alpha Ratio 5.33 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 21 ₹10,000 31 Jul 22 ₹10,295 31 Jul 23 ₹13,174 31 Jul 24 ₹18,771 31 Jul 25 ₹18,953 31 Jul 26 ₹21,006 Returns for Sundaram Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 26 Duration Returns 1 Month 3.4% 3 Month 11% 6 Month 15.3% 1 Year 17.5% 3 Year 18.2% 5 Year 17% 10 Year 15 Year Since launch 17.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 0.4% 2024 19.1% 2023 45.3% 2022 -2.1% 2021 60.3% 2020 26.2% 2019 -6.1% 2018 -29.2% 2017 55.6% 2016 -0.1% Fund Manager information for Sundaram Small Cap Fund
Name Since Tenure Rohit Seksaria 1 Nov 22 3.75 Yr. Shalav Saket 20 Mar 26 0.37 Yr. Data below for Sundaram Small Cap Fund as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 20.36% Industrials 20.15% Consumer Cyclical 19.97% Health Care 11.67% Basic Materials 7.92% Technology 4.48% Communication Services 4.08% Consumer Defensive 2.4% Real Estate 2.06% Utility 1.02% Asset Allocation
Asset Class Value Cash 5.09% Equity 94.11% Debt 0.79% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity MTAR Technologies Ltd (Industrials)
Equity, Since 31 Dec 24 | MTARTECH5% ₹202 Cr 264,884 Rategain Travel Technologies Ltd (Technology)
Equity, Since 30 Jun 23 | RATEGAIN4% ₹138 Cr 1,534,556 Aster DM Quality Care Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 23 | ASTERDM3% ₹132 Cr 1,681,362 SJS Enterprises Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | SJS3% ₹128 Cr 577,256 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Nov 24 | ETERNAL3% ₹107 Cr 4,056,832
↑ 442,358 PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Jul 24 | PNBHOUSING3% ₹99 Cr 957,209 Affle 3i Ltd (Communication Services)
Equity, Since 31 May 21 | AFFLE2% ₹94 Cr 660,211
↑ 53,608 Craftsman Automation Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | CRAFTSMAN2% ₹92 Cr 97,466
↓ -8,099 Neuland Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 24 | 5245582% ₹83 Cr 44,855 DCB Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | DCBBANK2% ₹82 Cr 4,443,809 2. BNP Paribas Mid Cap Fund
BNP Paribas Mid Cap Fund
Growth Launch Date 2 May 06 NAV (18 Aug 26) ₹113.469 ↓ -0.06 (-0.05 %) Net Assets (Cr) ₹2,584 on 31 Jul 26 Category Equity - Mid Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk High Expense Ratio 2 Sharpe Ratio 0.38 Information Ratio -0.22 Alpha Ratio 2.17 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 21 ₹10,000 31 Jul 22 ₹10,174 31 Jul 23 ₹12,239 31 Jul 24 ₹18,475 31 Jul 25 ₹17,949 31 Jul 26 ₹19,934 Returns for BNP Paribas Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 26 Duration Returns 1 Month 1.8% 3 Month 5.7% 6 Month 6.6% 1 Year 13.5% 3 Year 18% 5 Year 15.1% 10 Year 15 Year Since launch 12.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 2.5% 2024 28.5% 2023 32.6% 2022 4.7% 2021 41.5% 2020 23.1% 2019 5.2% 2018 -17.5% 2017 49% 2016 -1.2% Fund Manager information for BNP Paribas Mid Cap Fund
Name Since Tenure Rohan Korde 1 May 26 0.25 Yr. Ankeet Pandya 1 Jul 26 0.08 Yr. Data below for BNP Paribas Mid Cap Fund as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 25.46% Industrials 16.17% Consumer Cyclical 13.16% Health Care 12.33% Basic Materials 11.23% Technology 6.09% Utility 4.34% Real Estate 2.72% Consumer Defensive 2.11% Energy 1.57% Communication Services 1.16% Asset Allocation
Asset Class Value Cash 2.88% Equity 96.33% Debt 0.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Jan 24 | 5001033% ₹83 Cr 2,000,000 GE Vernova T&D India Ltd (Industrials)
Equity, Since 30 Sep 24 | 5222753% ₹82 Cr 165,000
↓ -10,000 Hitachi Energy India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 22 | POWERINDIA3% ₹67 Cr 19,105
↓ -2,000 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 16 | FEDERALBNK3% ₹66 Cr 2,000,000 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Apr 23 | NAVINFLUOR3% ₹66 Cr 85,608
↓ -5,000 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328142% ₹60 Cr 740,000 Acutaas Chemicals Ltd (Basic Materials)
Equity, Since 31 Oct 25 | 5433492% ₹60 Cr 170,466 BSE Ltd (Financial Services)
Equity, Since 30 Nov 25 | BSE2% ₹58 Cr 150,000
↓ -18,000 PB Fintech Ltd (Financial Services)
Equity, Since 28 Feb 23 | POLICYBZR2% ₹57 Cr 348,500 Ipca Laboratories Ltd (Healthcare)
Equity, Since 31 Jan 24 | 5244942% ₹53 Cr 311,250
↑ 11,250
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Research Highlights for Sundaram Small Cap Fund