In 2024, small cap mutual funds have seen a notable surge in investor interest, driven by their potential for high returns despite inherent market volatility. A small cap mutual fund primarily invests in the stocks of companies with a smaller market capitalisation, which typically has higher growth potential but also comes with increased risk.
According to the AMFI portal’s monthly report for November 2024, small cap mutual funds collectively mobilised ₹6,232.29 crore in funds for the month, with a net inflow of ₹2,208.70 crore. The Assets Under Management (AUM) for small cap funds as of November 2024 stands at ₹3,26,391.44 crore, marking a significant rise from ₹2,47,603.34 crore in January 2024.
This growth highlights the growing confidence in small cap funds. In this context, here is a list of the most bought small-cap mutual fund SIPs on Angel One in 2024, identifying the funds that captured the most attention from investors throughout the year.
Name | AUM (₹ Crore) | NAV (₹) |
HDFC Small Cap Fund | 764,396.81 | 160.73 |
Quant Small Cap Fund | 97,103.96 | 283.82 |
Nippon India Small Cap Fund | 552,409.22 | 199.75 |
Tata Small Cap Fund | 177,998.81 | 48.12 |
Kotak Small Cap Fund | 473,746.88 | 326.19 |
SBI Small Cap Fund | 1,100,886.17 | 208.18 |
Bandhan Small Cap Fund | 157,023.40 | 51.96 |
Axis Small Cap Fund | 313,387.24 | 124.99 |
Invesco India Smallcap Fund | 96,663.07 | 48.18 |
Nippon India Small Cap Fund Direct Plan IDCW Payout | 552,409.22 | 118.73 |
Source: Angel One
Note: NAV and AUM data taken as of December 19, 2024.
Criteria: Most bought small cap mutual fund SIPs are listed based on the count of orders received from January 1 to December 17, 2024. These are provided only for informational purposes.
It is important to note that the above schemes are the most invested ones on Angel One. These are not recommendations.
You should do your own research before investing in stocks and mutual funds. Consider your financial goals, risk appetite, etc. or consult a financial advisor.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
The securities/scrip mentioned are for informational purposes only and not for recommendation.
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