Table of Contents
Small Cap Mutual Funds
Small cap funds take the exposure at the lowest end of the Market capitalization. Small cap companies include the startups or firms that are in their early stage of development with small revenues. Many successful small cap firms have eventually grown into large cap companies. Since, small cap stocks give high growth potential, companies in their early stage of development, have great scope of higher developments.
Recently sebi has classified how AMC's to classify largecaps and midcaps.
| Market Capitalization | Description |
|---|---|
| Large cap company | 1st to 100th company in terms of full market capitalization |
| Mid cap company | 101st to 250th company in terms of full market capitalization |
| Small cap company | 251st company onwards in terms of full market capitalization |
Small Cap Funds (Investing in Small Cap Stocks)
Small caps are typically defined as firms with a market capitalization (MC=no of shares issued by the company X market price per share) of less than INR 500 Crore. Their market capitalization is much lower than the large and mid-cap. Many small caps are young firms with substantial growth potential. But, the risk of failure is higher with small cap compared to large and mid-cap.
Many small cap companies serve a niche market with sound consumer demand for their products and services. They also serve emerging industries with the potential for substantial future growth. Small cap firms have the potential to generate good returns. However, the risks involved in it are very high. But, if the investment period of a small cap is high, the risks tend to lower down.
The smallest equities of small caps are micro-cap and nano-cap stocks. Wherein, micro caps are firms with a market cap of INR 100 to 500 Crore and nano-caps are companies with market cap of below INR 100 Crore. BSE small cap Index, have recorded that four out of every 10 stocks have more than 30% increase in their net profits for the Fiscal Year of 2014-16.
Some of the most emerging small cap companies in India are Indiabulls Real, Just Dial, PNB Gilts, Federal Bank Ltd, Gitanjali Gems Ltd, Indian Cements Ltd, Indian Overseas bank, Oriental Bank of Commerce, PVR Ltd, etc.
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Pros and Cons of Investing in Small Cap Funds
Here are some pros and cons of Investing in small-cap funds that will guide you to understand the fund:
Pros
- Small cap stocks are priced lower than mid cap and large cap stocks.
- Small cap funds help to diversify your portfolio. A trader can trade in a number of stocks as compared to the other caps.
- Small cap stocks give high growth potential. Since these are the companies at their early stage of development, they have great scope of higher developments.
- At times, small cap funds tend to perform better than the Large cap funds. As large companies incline towards stability, small caps can sometimes give it a better chance of performing better.
Cons
- Small cap stocks are riskier as they tend to have a low lasting business. For example, a company might have a unique service/product, but may not have enough finance to market it. So, sometimes lack of funding fails a business
- Small Cap stocks are more volatile in nature than large cap stocks.
- Due to their nature of stocks, small caps can outperform in a rising market and even can Underperform during a downturn.
How to Invest in Small Cap Funds?
Following are the important factors you need to look at before investing in a small-cap fund:
Past Performances
An investor should do a fair assessment of the funds’ performances for over a period of time. Also, it is suggested to go for a fund that consistently beats its benchmark over 4-5 years, additionally, one should see each period and see if the fund is able to beat the benchmark or not.
Portfolio Construction
It is essential to check the portfolio construction of the scheme that you will be investing in. Since, small-cap is a risky fund, the portfolio of the scheme should have a small portion dedicated to large-caps and also to debt/money market instruments so that it generates regular Income.
Fund Manager
A fund manager plays an important role in the overall performance of the scheme. A fund manager is responsible for making investment decisions for the fund’s portfolio. So, investors before investing in small-caps should ideally examine past performance of the fund managed by that particular fund manager, especially in the tough market phase.
Fund House Reputation
While choosing the small cap funds to invest, always look at the quality & reputation of the fund house. A fund house with a long-standing record, large Assets Under Management (AUM), star funds or good performing fund etc., is the one to invest in. A fund house should have a strong presence in the industry along with a consistent track record.
Equity Fund Taxation
The short-term and long-term Capital gains offered by Mutual Funds are taxed at different rates.
| Fund Type | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|
| Equity Funds | 15% + cess + surcharge | Up to Rs. 1 lakh a year is tax-exempt. Any gains above Rs. 1 lakh are taxed at 10% + cess + surcharge |
Best Performing Small Cap Funds 2022
Some of the best performing small cap funds with AUM above 100 Cr are as follows:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2021 (%) SBI Small Cap Fund Growth ₹98.3724
↓ -1.13 ₹12,098 -3.3 -7.2 14 25.7 17.9 47.6 Nippon India Small Cap Fund Growth ₹78.0653
↓ -1.86 ₹19,768 -5.5 -7.6 18.9 26.7 16.2 74.3 Kotak Small Cap Fund Growth ₹150.579
↓ -1.95 ₹7,385 -5.7 -11.6 17.1 30.9 16 70.9 ICICI Prudential Smallcap Fund Growth ₹47.67
↓ -0.65 ₹3,620 -2.6 -8.7 20.9 25.6 13.2 61 HDFC Small Cap Fund Growth ₹66.194
↓ -1.20 ₹12,956 -7.3 -10.7 12.6 17.1 12.8 64.9 L&T Emerging Businesses Fund Growth ₹41.44
↓ -0.60 ₹8,014 -5.4 -7.7 21.5 21.5 12.5 77.4 DSP BlackRock Small Cap Fund Growth ₹104.647
↓ -1.43 ₹8,849 -1.9 -4.9 19.5 25.6 11.6 58.9 Franklin India Smaller Companies Fund Growth ₹81.5147
↓ -1.29 ₹7,014 -7.6 -12.4 14.2 16.4 9 56.4 Sundaram Small Cap Fund Growth ₹129.611
↓ -2.55 ₹2,000 -8.5 -14.2 9.5 18.4 6.8 60.3 Aditya Birla Sun Life Small Cap Fund Growth ₹46.8701
↓ -1.02 ₹2,814 -9.6 -15.7 2.2 12.6 4.9 51.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 May 22
(Erstwhile SBI Small & Midcap Fund) The Scheme seeks to generate income and long term capital appreciation by
investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies SBI Small Cap Fund is a Equity - Small Cap fund was launched on 9 Sep 09. It is a fund with Moderately High risk and has given a Below is the key information for SBI Small Cap Fund Returns up to 1 year are on The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on (Erstwhile Kotak Midcap Scheme) The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities. Kotak Small Cap Fund is a Equity - Small Cap fund was launched on 24 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Small Cap Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Indo Asia Equity Fund) ICICI Prudential Indo Asia Equity Fund is an OE equity scheme that seeks to generate long term capital appreciation by investing in equity, equity related securities and or share classes/units of equity funds of companies, which are incorporated or have their area of primary activity, in the Asia Pacific region. Initially the Scheme will invest in share classes of International Opportunities Fund Asian Equity Fund and thereafter the Fund Manager of the Indo Asia Equity Fund may choose to make investment in listed equity shares, securities in the Asia Pacific region. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential Smallcap Fund is a Equity - Small Cap fund was launched on 18 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Smallcap Fund Returns up to 1 year are on To provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies. HDFC Small Cap Fund is a Equity - Small Cap fund was launched on 3 Apr 08. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Small Cap Fund Returns up to 1 year are on To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on (Erstwhile DSP BlackRock Micro Cap Fund) The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized DSP BlackRock Small Cap Fund is a Equity - Small Cap fund was launched on 14 Jun 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Small Cap Fund Returns up to 1 year are on The Fund seeks to provide long-term capital appreciation by investing in mid and small cap companies. Franklin India Smaller Companies Fund is a Equity - Small Cap fund was launched on 13 Jan 06. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Smaller Companies Fund Returns up to 1 year are on (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. Sundaram Small Cap Fund is a Equity - Small Cap fund was launched on 15 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Small Cap Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Small & Midcap Fund) An Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time. Aditya Birla Sun Life Small Cap Fund is a Equity - Small Cap fund was launched on 31 May 07. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Small Cap Fund Returns up to 1 year are on 1. SBI Small Cap Fund
CAGR/Annualized return of 19.7% since its launch. Ranked 4 in Small Cap category. Return for 2021 was 47.6% , 2020 was 33.6% and 2019 was 6.1% . SBI Small Cap Fund
Growth Launch Date 9 Sep 09 NAV (19 May 22) ₹98.3724 ↓ -1.13 (-1.14 %) Net Assets (Cr) ₹12,098 on 30 Apr 22 Category Equity - Small Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 1.99 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹13,844 30 Apr 19 ₹11,965 30 Apr 20 ₹10,600 30 Apr 21 ₹19,201 30 Apr 22 ₹24,450 Returns for SBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -6% 3 Month -3.3% 6 Month -7.2% 1 Year 14% 3 Year 25.7% 5 Year 17.9% 10 Year 15 Year Since launch 19.7% Historical performance (Yearly) on absolute basis
Year Returns 2021 47.6% 2020 33.6% 2019 6.1% 2018 -19.6% 2017 78.7% 2016 1.3% 2015 20.6% 2014 110.7% 2013 7.8% 2012 31.9% Fund Manager information for SBI Small Cap Fund
Name Since Tenure R. Srinivasan 16 Nov 13 8.46 Yr. Data below for SBI Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 37.05% Consumer Cyclical 25.44% Basic Materials 16.56% Consumer Defensive 5.69% Health Care 3.46% Financial Services 2.59% Communication Services 0.02% Asset Allocation
Asset Class Value Cash 9.06% Equity 90.8% Debt 0.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | SFL5% ₹546 Cr 1,570,000 Vedant Fashions Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5434634% ₹440 Cr 4,547,646 Blue Star Ltd (Industrials)
Equity, Since 30 Jun 18 | BLUESTARCO4% ₹421 Cr 4,000,000 Carborundum Universal Ltd (Industrials)
Equity, Since 31 May 19 | CARBORUNIV3% ₹394 Cr 4,939,842 Elgi Equipments Ltd (Industrials)
Equity, Since 31 Dec 13 | 5220743% ₹387 Cr 13,833,663 Narayana Hrudayalaya Ltd (Healthcare)
Equity, Since 31 Dec 19 | NH3% ₹328 Cr 4,400,000 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Mar 20 | NAVINFLUOR3% ₹322 Cr 790,000 Lemon Tree Hotels Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | LEMONTREE3% ₹317 Cr 50,000,000 Fine Organic Industries Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Mar 19 | FINEORG3% ₹316 Cr 790,000 Triveni Turbine Ltd (Industrials)
Equity, Since 31 Jan 19 | 5336553% ₹312 Cr 15,435,443 2. Nippon India Small Cap Fund
CAGR/Annualized return of 19.3% since its launch. Ranked 6 in Small Cap category. Return for 2021 was 74.3% , 2020 was 29.2% and 2019 was -2.5% . Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (19 May 22) ₹78.0653 ↓ -1.86 (-2.33 %) Net Assets (Cr) ₹19,768 on 30 Apr 22 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 1.98 Information Ratio 1.37 Alpha Ratio 10.39 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹12,600 30 Apr 19 ₹10,680 30 Apr 20 ₹8,399 30 Apr 21 ₹16,702 30 Apr 22 ₹23,281 Returns for Nippon India Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -10% 3 Month -5.5% 6 Month -7.6% 1 Year 18.9% 3 Year 26.7% 5 Year 16.2% 10 Year 15 Year Since launch 19.3% Historical performance (Yearly) on absolute basis
Year Returns 2021 74.3% 2020 29.2% 2019 -2.5% 2018 -16.7% 2017 63% 2016 5.6% 2015 15.1% 2014 97.6% 2013 11.9% 2012 41.9% Fund Manager information for Nippon India Small Cap Fund
Name Since Tenure Samir Rachh 2 Jan 17 5.33 Yr. Kinjal Desai 25 May 18 3.94 Yr. Data below for Nippon India Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 20.63% Basic Materials 17.23% Consumer Cyclical 15.73% Financial Services 12.81% Consumer Defensive 11.44% Technology 9.77% Health Care 4.85% Communication Services 3.13% Real Estate 0.57% Utility 0.07% Asset Allocation
Asset Class Value Cash 2.66% Equity 97.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 18 | TIINDIA3% ₹615 Cr 3,296,395 NIIT Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | NIITLTD3% ₹582 Cr 10,139,961 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 19 | CREDITACC2% ₹450 Cr 4,343,685
↑ 51,366 KPIT Technologies Ltd (Technology)
Equity, Since 30 Jun 19 | KPITTECH2% ₹443 Cr 8,004,004 Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 28 Feb 18 | POONAWALLA2% ₹432 Cr 14,087,931 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Dec 16 | DEEPAKNTR2% ₹418 Cr 1,797,743
↓ -284,449 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 11 | NAVINFLUOR2% ₹388 Cr 986,721 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | BALRAMCHIN2% ₹385 Cr 8,691,212
↓ -808,788 Bajaj Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Mar 16 | BAJAJELEC2% ₹336 Cr 3,062,071 Orient Electric Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 May 18 | ORIENTELEC2% ₹320 Cr 9,706,033 3. Kotak Small Cap Fund
CAGR/Annualized return of 17% since its launch. Ranked 23 in Small Cap category. Return for 2021 was 70.9% , 2020 was 34.2% and 2019 was 5% . Kotak Small Cap Fund
Growth Launch Date 24 Feb 05 NAV (19 May 22) ₹150.579 ↓ -1.95 (-1.28 %) Net Assets (Cr) ₹7,385 on 30 Apr 22 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 2.01 Information Ratio 1.36 Alpha Ratio 10.08 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹11,365 30 Apr 19 ₹9,687 30 Apr 20 ₹8,082 30 Apr 21 ₹16,906 30 Apr 22 ₹22,500 Returns for Kotak Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -8.7% 3 Month -5.7% 6 Month -11.6% 1 Year 17.1% 3 Year 30.9% 5 Year 16% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2021 70.9% 2020 34.2% 2019 5% 2018 -17.3% 2017 44% 2016 8.9% 2015 7.4% 2014 74% 2013 -4.9% 2012 50.2% Fund Manager information for Kotak Small Cap Fund
Name Since Tenure Pankaj Tibrewal 21 Jan 10 12.28 Yr. Data below for Kotak Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 30.33% Consumer Cyclical 30.32% Basic Materials 18.69% Financial Services 4.53% Technology 4.47% Health Care 2.89% Real Estate 1.45% Consumer Defensive 1.28% Energy 0.6% Asset Allocation
Asset Class Value Cash 5.07% Equity 94.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity Century Plyboards (India) Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | CENTURYPLY5% ₹383 Cr 6,029,612
↑ 121,778 Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | SFL5% ₹339 Cr 963,274
↓ -1,849 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV4% ₹287 Cr 3,748,104
↑ 204,977 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jan 18 | AMBER3% ₹251 Cr 676,952
↑ 24,008 Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF3% ₹234 Cr 802,595
↑ 10,000 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO3% ₹225 Cr 1,978,982 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹213 Cr 904,561 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT3% ₹205 Cr 474,169 Supreme Industries Ltd (Industrials)
Equity, Since 31 May 14 | SUPREMEIND3% ₹193 Cr 990,770 Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT3% ₹185 Cr 2,090,218 4. ICICI Prudential Smallcap Fund
CAGR/Annualized return of 11.3% since its launch. Ranked 26 in Small Cap category. Return for 2021 was 61% , 2020 was 22.8% and 2019 was 10% . ICICI Prudential Smallcap Fund
Growth Launch Date 18 Oct 07 NAV (19 May 22) ₹47.67 ↓ -0.65 (-1.35 %) Net Assets (Cr) ₹3,620 on 30 Apr 22 Category Equity - Small Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 1.6 Information Ratio 0.67 Alpha Ratio 5.77 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹11,363 30 Apr 19 ₹9,613 30 Apr 20 ₹7,477 30 Apr 21 ₹14,484 30 Apr 22 ₹19,781 Returns for ICICI Prudential Smallcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -5.5% 3 Month -2.6% 6 Month -8.7% 1 Year 20.9% 3 Year 25.6% 5 Year 13.2% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2021 61% 2020 22.8% 2019 10% 2018 -22.4% 2017 42.7% 2016 6% 2015 0.5% 2014 50.6% 2013 8.8% 2012 26% Fund Manager information for ICICI Prudential Smallcap Fund
Name Since Tenure Priyanka Khandelwal 15 Jun 17 4.88 Yr. Harish Bihani 5 Nov 18 3.49 Yr. Data below for ICICI Prudential Smallcap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 24.2% Consumer Cyclical 17.04% Health Care 9.61% Financial Services 8.49% Basic Materials 7.83% Technology 7.63% Real Estate 6.75% Communication Services 5.5% Consumer Defensive 3.75% Asset Allocation
Asset Class Value Cash 7.05% Equity 92.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mahindra Lifespace Developers Ltd (Real Estate)
Equity, Since 31 Aug 19 | MAHLIFE5% ₹179 Cr 4,518,788
↓ -64,611 INOX Leisure Ltd (Communication Services)
Equity, Since 31 Oct 18 | INOXLEISUR5% ₹161 Cr 3,044,285
↓ -538,452 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI4% ₹154 Cr 1,218,983 V-Mart Retail Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | VMART4% ₹150 Cr 377,773
↓ -68 Birlasoft Ltd (Technology)
Equity, Since 31 Dec 20 | BSOFT4% ₹130 Cr 2,855,799
↓ -630,342 Cyient Ltd (Industrials)
Equity, Since 31 Aug 18 | CYIENT3% ₹120 Cr 1,296,242 Jamna Auto Industries Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | JAMNAAUTO3% ₹112 Cr 11,279,304
↑ 91,982 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Jun 19 | MCX3% ₹111 Cr 783,653
↑ 26,500 Rolex Rings Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433253% ₹110 Cr 879,531
↑ 119,786 Blue Star Ltd (Industrials)
Equity, Since 30 Nov 17 | BLUESTARCO3% ₹105 Cr 999,165
↓ -50,000 5. HDFC Small Cap Fund
CAGR/Annualized return of 14.3% since its launch. Ranked 9 in Small Cap category. Return for 2021 was 64.9% , 2020 was 20.2% and 2019 was -9.5% . HDFC Small Cap Fund
Growth Launch Date 3 Apr 08 NAV (19 May 22) ₹66.194 ↓ -1.20 (-1.78 %) Net Assets (Cr) ₹12,956 on 30 Apr 22 Category Equity - Small Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.92 Sharpe Ratio 1.41 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹13,358 30 Apr 19 ₹11,984 30 Apr 20 ₹8,035 30 Apr 21 ₹15,286 30 Apr 22 ₹20,128 Returns for HDFC Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -9.6% 3 Month -7.3% 6 Month -10.7% 1 Year 12.6% 3 Year 17.1% 5 Year 12.8% 10 Year 15 Year Since launch 14.3% Historical performance (Yearly) on absolute basis
Year Returns 2021 64.9% 2020 20.2% 2019 -9.5% 2018 -8.1% 2017 60.8% 2016 5.4% 2015 6.4% 2014 51.5% 2013 7.5% 2012 31.6% Fund Manager information for HDFC Small Cap Fund
Name Since Tenure Chirag Setalvad 28 Jun 14 7.85 Yr. Sankalp Baid 22 Jan 21 1.27 Yr. Data below for HDFC Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Consumer Cyclical 21.29% Industrials 20.79% Technology 15.17% Basic Materials 13.57% Financial Services 9.13% Health Care 6.09% Consumer Defensive 4.62% Communication Services 3.14% Asset Allocation
Asset Class Value Cash 6.2% Equity 93.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bajaj Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | BAJAJELEC5% ₹616 Cr 5,615,001
↑ 14,200 Firstsource Solutions Ltd (Technology)
Equity, Since 31 Mar 18 | FSL5% ₹599 Cr 47,900,000 Sonata Software Ltd (Technology)
Equity, Since 31 Oct 17 | SONATSOFTW5% ₹595 Cr 7,907,346
↑ 133,243 Chambal Fertilisers & Chemicals Ltd (Basic Materials)
Equity, Since 28 Feb 18 | CHAMBLFERT4% ₹569 Cr 12,443,364
↓ -334,233 eClerx Services Ltd (Technology)
Equity, Since 31 Mar 18 | ECLERX3% ₹439 Cr 1,823,362
↑ 15,250 Vardhman Textiles Ltd (Consumer Cyclical)
Equity, Since 30 Nov 16 | VTL3% ₹402 Cr 9,211,551
↓ -196,279 Sharda Cropchem Ltd (Basic Materials)
Equity, Since 31 Mar 18 | SHARDACROP3% ₹352 Cr 5,656,000 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | RADICO2% ₹321 Cr 3,566,526
↑ 9,526 Bank of Baroda (Financial Services)
Equity, Since 31 Mar 19 | BANKBARODA2% ₹316 Cr 28,000,000
↑ 950,000 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Jun 19 | ASTERDM2% ₹314 Cr 16,337,276
↑ 87,276 6. L&T Emerging Businesses Fund
CAGR/Annualized return of 19.4% since its launch. Ranked 2 in Small Cap category. Return for 2021 was 77.4% , 2020 was 15.5% and 2019 was -8.1% . L&T Emerging Businesses Fund
Growth Launch Date 12 May 14 NAV (19 May 22) ₹41.44 ↓ -0.60 (-1.42 %) Net Assets (Cr) ₹8,014 on 30 Apr 22 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.95 Sharpe Ratio 1.91 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹12,749 30 Apr 19 ₹10,730 30 Apr 20 ₹7,477 30 Apr 21 ₹14,296 30 Apr 22 ₹20,035 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -8.7% 3 Month -5.4% 6 Month -7.7% 1 Year 21.5% 3 Year 21.5% 5 Year 12.5% 10 Year 15 Year Since launch 19.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 77.4% 2020 15.5% 2019 -8.1% 2018 -13.7% 2017 66.5% 2016 10.2% 2015 12.3% 2014 2013 2012 Fund Manager information for L&T Emerging Businesses Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 2.37 Yr. Vihang Naik 17 Dec 19 2.37 Yr. Sonal Gupta 5 Jul 21 0.82 Yr. Data below for L&T Emerging Businesses Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 31.03% Consumer Cyclical 20.29% Basic Materials 17.08% Technology 9.42% Consumer Defensive 7.37% Real Estate 6.45% Health Care 3.07% Financial Services 2.8% Energy 0.39% Asset Allocation
Asset Class Value Cash 2.08% Equity 97.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL7% ₹528 Cr 8,382,009
↓ -510,625 Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | GRINDWELL4% ₹289 Cr 1,684,948 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | BALRAMCHIN3% ₹257 Cr 5,801,745
↓ -562,985 E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY3% ₹209 Cr 3,933,689
↑ 1,889 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM3% ₹208 Cr 3,425,917 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | BRIGADE2% ₹196 Cr 4,311,022 Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | SONATSOFTW2% ₹176 Cr 2,338,967 Birlasoft Ltd (Technology)
Equity, Since 31 Aug 20 | BSOFT2% ₹173 Cr 4,170,543 Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV2% ₹166 Cr 2,159,700
↓ -50,000 Supreme Petrochem Ltd (Basic Materials)
Equity, Since 30 Sep 16 | 5004052% ₹155 Cr 1,694,075 7. DSP BlackRock Small Cap Fund
CAGR/Annualized return of 17% since its launch. Ranked 7 in Small Cap category. Return for 2021 was 58.9% , 2020 was 33.1% and 2019 was 0.7% . DSP BlackRock Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (19 May 22) ₹104.647 ↓ -1.43 (-1.34 %) Net Assets (Cr) ₹8,849 on 30 Apr 22 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 1.76 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹11,110 30 Apr 19 ₹9,048 30 Apr 20 ₹7,271 30 Apr 21 ₹13,641 30 Apr 22 ₹18,618 Returns for DSP BlackRock Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -8.6% 3 Month -1.9% 6 Month -4.9% 1 Year 19.5% 3 Year 25.6% 5 Year 11.6% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2021 58.9% 2020 33.1% 2019 0.7% 2018 -25.5% 2017 42.8% 2016 12.7% 2015 20.4% 2014 101.8% 2013 3.8% 2012 40.5% Fund Manager information for DSP BlackRock Small Cap Fund
Name Since Tenure Vinit Sambre 21 Jun 10 11.87 Yr. Jay Kothari 1 Mar 13 9.17 Yr. Resham Jain 16 Mar 18 4.13 Yr. Data below for DSP BlackRock Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Consumer Cyclical 37.8% Basic Materials 22.52% Industrials 10.74% Consumer Defensive 6.49% Health Care 6.31% Financial Services 5.49% Technology 3.49% Communication Services 2.3% Asset Allocation
Asset Class Value Cash 4.34% Equity 95.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity Chambal Fertilisers & Chemicals Ltd (Basic Materials)
Equity, Since 31 Jul 14 | CHAMBLFERT4% ₹337 Cr 7,375,125
↓ -208,985 GHCL Ltd (Basic Materials)
Equity, Since 30 Nov 17 | GHCL3% ₹298 Cr 4,812,708 Suprajit Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | SUPRAJIT3% ₹295 Cr 8,322,869 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jan 19 | TIINDIA3% ₹290 Cr 1,556,178 Atul Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ATUL3% ₹280 Cr 312,546 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Jul 14 | KPRMILL3% ₹270 Cr 4,289,187
↓ -25,062 Nilkamal Ltd (Consumer Cyclical)
Equity, Since 31 Jan 17 | NILKAMAL3% ₹262 Cr 1,289,228 Triveni Engineering & Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 17 | TRIVENI3% ₹252 Cr 7,871,670 Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | SFL3% ₹249 Cr 706,706
↓ -25,000 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 14 | IPCALAB3% ₹244 Cr 2,414,384 8. Franklin India Smaller Companies Fund
CAGR/Annualized return of 13.7% since its launch. Ranked 11 in Small Cap category. Return for 2021 was 56.4% , 2020 was 18.7% and 2019 was -5% . Franklin India Smaller Companies Fund
Growth Launch Date 13 Jan 06 NAV (19 May 22) ₹81.5147 ↓ -1.29 (-1.56 %) Net Assets (Cr) ₹7,014 on 30 Apr 22 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.96 Sharpe Ratio 1.74 Information Ratio -0.61 Alpha Ratio 6.2 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹11,584 30 Apr 19 ₹10,023 30 Apr 20 ₹6,959 30 Apr 21 ₹12,782 30 Apr 22 ₹16,757 Returns for Franklin India Smaller Companies Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -8.9% 3 Month -7.6% 6 Month -12.4% 1 Year 14.2% 3 Year 16.4% 5 Year 9% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2021 56.4% 2020 18.7% 2019 -5% 2018 -17.4% 2017 43.5% 2016 10.2% 2015 9.6% 2014 89.9% 2013 13.2% 2012 51.7% Fund Manager information for Franklin India Smaller Companies Fund
Name Since Tenure R. Janakiraman 1 Apr 07 15.09 Yr. Sandeep Manam 18 Oct 21 0.53 Yr. Data below for Franklin India Smaller Companies Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 26.15% Financial Services 15.46% Consumer Cyclical 15.29% Basic Materials 11.78% Health Care 6.32% Real Estate 6.25% Consumer Defensive 5.92% Technology 3.88% Communication Services 3.48% Energy 1.71% Asset Allocation
Asset Class Value Cash 3.56% Equity 96.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Jan 16 | DEEPAKNTR5% ₹323 Cr 1,387,967
↓ -100,000 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | BRIGADE5% ₹317 Cr 6,950,570
↓ -201,154 KPIT Technologies Ltd (Technology)
Equity, Since 31 Aug 20 | KPITTECH3% ₹226 Cr 4,077,593 GHCL Ltd (Basic Materials)
Equity, Since 30 Sep 16 | GHCL3% ₹206 Cr 3,333,472 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 30 Apr 19 | CCL3% ₹206 Cr 5,051,976 J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 14 | JBCHEPHARM3% ₹200 Cr 1,161,988 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | KPRMILL3% ₹199 Cr 3,160,269
↓ -120,091 Equitas Holding Ltd (Financial Services)
Equity, Since 30 Apr 16 | EQUITAS3% ₹192 Cr 17,172,603 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 19 | TIINDIA3% ₹187 Cr 1,000,416 Blue Star Ltd (Industrials)
Equity, Since 31 Jan 15 | BLUESTARCO3% ₹186 Cr 1,633,713
↓ -50,000 9. Sundaram Small Cap Fund
CAGR/Annualized return of 16% since its launch. Ranked 19 in Small Cap category. Return for 2021 was 60.3% , 2020 was 26.2% and 2019 was -6.1% . Sundaram Small Cap Fund
Growth Launch Date 15 Feb 05 NAV (19 May 22) ₹129.611 ↓ -2.55 (-1.93 %) Net Assets (Cr) ₹2,000 on 30 Apr 22 Category Equity - Small Cap AMC Sundaram Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.35 Sharpe Ratio 1.43 Information Ratio -0.27 Alpha Ratio 2 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 30 Apr 17 ₹10,000 30 Apr 18 ₹11,314 30 Apr 19 ₹8,652 30 Apr 20 ₹6,269 30 Apr 21 ₹11,923 30 Apr 22 ₹15,273 Returns for Sundaram Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -10.4% 3 Month -8.5% 6 Month -14.2% 1 Year 9.5% 3 Year 18.4% 5 Year 6.8% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2021 60.3% 2020 26.2% 2019 -6.1% 2018 -29.2% 2017 55.6% 2016 -0.1% 2015 7.8% 2014 108.7% 2013 -5% 2012 44.8% Fund Manager information for Sundaram Small Cap Fund
Name Since Tenure Ravi Gopalakrishnan 1 Jan 22 0.33 Yr. Sudhir Kedia 1 Jan 22 0.33 Yr. Data below for Sundaram Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Industrials 21.68% Financial Services 20.59% Consumer Cyclical 19.42% Technology 12.28% Basic Materials 8.58% Health Care 7.08% Consumer Defensive 3.48% Communication Services 2.24% Real Estate 1.52% Asset Allocation
Asset Class Value Cash 3.13% Equity 96.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity KPIT Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | KPITTECH4% ₹73 Cr 1,220,030 Can Fin Homes Ltd (Financial Services)
Equity, Since 30 Sep 20 | CANFINHOME3% ₹66 Cr 1,046,412 Cyient Ltd (Industrials)
Equity, Since 31 Oct 20 | CYIENT3% ₹58 Cr 622,044 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Jun 20 | MCX3% ₹54 Cr 382,347 KSB Ltd (Industrials)
Equity, Since 31 May 14 | KSB2% ₹49 Cr 372,310 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 14 | NAVINFLUOR2% ₹46 Cr 113,639 Neogen Chemicals Ltd (Basic Materials)
Equity, Since 30 Apr 19 | NEOGEN2% ₹46 Cr 265,529 Birlasoft Ltd (Technology)
Equity, Since 31 May 21 | BSOFT2% ₹42 Cr 927,825 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 28 Feb 19 | TIINDIA2% ₹42 Cr 258,222 Amrutanjan Health Care Ltd (Healthcare)
Equity, Since 31 Jan 15 | AMRUTANJAN2% ₹40 Cr 504,084 10. Aditya Birla Sun Life Small Cap Fund
CAGR/Annualized return of 10.8% since its launch. Ranked 1 in Small Cap category. Return for 2021 was 51.4% , 2020 was 19.8% and 2019 was -11.5% . Aditya Birla Sun Life Small Cap Fund
Growth Launch Date 31 May 07 NAV (19 May 22) ₹46.8701 ↓ -1.02 (-2.13 %) Net Assets (Cr) ₹2,814 on 30 Apr 22 Category Equity - Small Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio 0.82 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 17 ₹10,000 30 Apr 18 ₹11,402 30 Apr 19 ₹9,203 30 Apr 20 ₹6,077 30 Apr 21 ₹11,772 30 Apr 22 ₹13,819 Returns for Aditya Birla Sun Life Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 May 22 Duration Returns 1 Month -10.2% 3 Month -9.6% 6 Month -15.7% 1 Year 2.2% 3 Year 12.6% 5 Year 4.9% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
Year Returns 2021 51.4% 2020 19.8% 2019 -11.5% 2018 -22.6% 2017 56.7% 2016 9.7% 2015 13.4% 2014 66.3% 2013 4.8% 2012 31.9% Fund Manager information for Aditya Birla Sun Life Small Cap Fund
Name Since Tenure Nitesh Jain 1 Apr 22 0.08 Yr. Vishal Gajwani 1 Apr 22 0.08 Yr. Data below for Aditya Birla Sun Life Small Cap Fund as on 30 Apr 22
Equity Sector Allocation
Sector Value Basic Materials 17.61% Consumer Cyclical 17.1% Industrials 16.76% Financial Services 10.31% Consumer Defensive 8.72% Technology 8.66% Health Care 7.36% Real Estate 3.08% Communication Services 3.05% Asset Allocation
Asset Class Value Cash 6.17% Equity 93.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Deepak Nitrite Ltd (Basic Materials)
Equity, Since 30 Jun 17 | DEEPAKNTR3% ₹90 Cr 388,430 JK Cement Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JKCEMENT3% ₹88 Cr 332,585 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 20 | AMBER3% ₹78 Cr 211,341 Cyient Ltd (Industrials)
Equity, Since 30 Jun 14 | CYIENT3% ₹72 Cr 811,179
↓ -236,925 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | POWERINDIA2% ₹70 Cr 223,165 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Dec 18 | CHOLAHLDNG2% ₹70 Cr 1,072,811 Birlasoft Ltd (Technology)
Equity, Since 30 Sep 21 | BSOFT2% ₹65 Cr 1,568,297 BEML Ltd (Industrials)
Equity, Since 28 Feb 18 | BEML2% ₹60 Cr 363,357 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 May 20 | RADICO2% ₹60 Cr 668,871 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 31 May 20 | CCL2% ₹58 Cr 1,431,021
Conclusion
Unlike any investment, small cap funds have its own pros and cons. If you are ready to take such risks and want to invest in small caps, then they are the right arena for you! You should further explore more!
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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