These 5 small cap funds gave over 200% returns in five years of Modi 2.0
June 1, 2024
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Around five small cap funds gave an absolute return of more than 200% based on daily rolling returns in the last five years of the Modi government’s second term. There were around 201 equity schemes in the last five years.
iStock
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Bank of India Small Cap Fund
This small cap fund gave an absolute return of 282.47% based on daily rolling returns in the last five years of the Modi government.
iStock
3/7
Edelweiss Small Cap Fund
Edelweiss Small Cap Fund gave an absolute return of 247.55% based on daily rolling returns in the second term of Modi as PM.
iStock
4/7
Canara Robeco Small Cap Fund
This small cap fund offered an absolute return of 231.77% based on daily rolling returns in the last five years of Modi as PM.
ETMarkets.com
Tata Small Cap Fund gave an absolute return of 222.59% based on daily rolling returns in the last five years of the Modi-led government.
Agencies
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Invesco India Smallcap Fund
This small cap fund delivered an absolute return of 214.77% based on daily rolling returns in the last five years of the Modi government.
iStock
7/7
Rolling return: What and Why?
A rolling return is the average of a series of returns over a long period. It is the annualised return of any scheme taken for a specified period. It can be rolled on a daily, monthly, or yearly frequency in the defined period. Due to the different periods involved, the return consistency of the fund over a defined period can be analysed efficiently as it considers both upstream and downstream in the market.
