Mid and small cap funds category constitute 20% or Rs 2.58 lakh crore of the total Rs 13.06 lakh crore actively managed equity assets (excluding hybrid and ELSS) as of December 2021.
Small Cap funds category delivered an average of 59.33% while Mid Cap Funds posted 41.30% during the one-year trailing period as of February 2, 2022.
We looked at Small and Mid Cap funds that have received the highest net inflows in 2021.
5 Mid Cap funds that received the highest inflows in 2021
Axis Midcap
- Inception: February 2011
- Star rating: 5 stars
- Analyst rating: NA
- Performance: 11.33% (2019), 26.01% (2020), 39.93% (2021)
- Equity holdings: 65
- % of assets in top 10 holdings: 32
- Top 5 holdings: Coforge, ICICI Bank, Cholamandalam Investment and Finance, Avenue Supermarts, MindTree
- Fund managers: Shreyash Devalkar, Hitesh Das
- Investment Style: Large Growth
Kotak Emerging Equity
- Inception: March 2007
- Star rating: 4 stars
- Analyst rating: Bronze
- Performance: 8.89% (2019), 21.89% (2020), 47.31% (2021)
- Equity holdings: 68
- % of assets in top 10 holdings: 33
- Top 5 holdings: Persistent Systems, Supreme Industries, Schaeffler India, Thermax, SKF India
- Fund manager: Pankaj Tibrewal
- Investment Style: Mid Growth
PGIM India Midcap Opportunities
- Inception: December 2013
- Star rating: 4 stars
- Analyst rating: NA
- Performance: 3.57% (2019), 48.39% (2020), 63.78% (2021)
- Equity holdings: 49
- % of assets in top 10 holdings: 32
- Top 5 holdings: Mphasis, Coforge, ICICI Bank, J.B. Chemicals & Pharmaceuticals, ABB India
- Fund manager: Aniruddha Naha, Vivek Sharma
- Investment Style: Mid Growth
Mirae Asset Mid Cap Fund
- Inception: July 2019
- Star rating: NA
- Analyst rating: NA
- Performance: 24.28% (2020), 48.43% (2021)
- Equity holdings: 52
- % of assets in top 10 holdings: 29
- Top 5 holdings: Axis Bank, The Federal Bank, Jindal Steel and Power, Bharat Forge, Voltas
- Fund manager: Ankit Jain
- Investment Style: Large Growth
DSP Midcap Fund
- Inception: November 2006
- Star rating: 3 stars
- Analyst rating: Silver
- Performance: 9.21% (2019) 23.64% (2020), 28.32% (2021)
- Equity holdings: 52
- % of assets in top 10 holdings: 32
- Top 5 holdings: Supreme Industries, Manappuram Finance, Atul Ltd, Ipca Laboratories, SBI Life Insurance
- Fund Manager: Vinit Sambre, Resham Jain, Jay Kothari
- Investment Style: Mid Growth
5 small cap funds that received the highest inflows in 2021
Kotak Small Cap
- Inception: February 2005
- Star rating: 3 stars
- Analyst rating: NA
- Performance: 5.04% (2019) 34.21% (2020), 70.94% (2021)
- Equity holdings: 70
- % of assets in top 10 holdings: 36
- Top 5 holdings: Century Plyboards (India), Sheela Foam, Carborundum Universal, Persistent Systems, Supreme Industries
- Fund manager: Pankaj Tibrewal
- Investment Style: Mid Growth
Axis Small Cap
- Inception: November 2013
- Star rating: 5 stars
- Analyst rating: NA
- Performance: 19.38% (2019) 22.37% (2020), 58.22% (2021)
- Equity holdings: 65
- % of assets in top 10 holdings: 38
- Top 5 holdings: Galaxy Surfactants, Birlasoft, Brigade Enterprises, Narayana Hrudayalaya, Tata Elxsi
- Fund managers: Anupam Tiwari, Hitesh Das
- Investment Style: Mid Growth
SBI Small Cap
- Inception: September 2009
- Star rating: 4 stars
- Analyst rating: NA
- Performance: 6.10% (2019) 33.62% (2020), 47.56% (2021)
- Equity holdings: 50
- % of assets in top 10 holdings: 34
- Top 5 holdings: Sheela Foam, Elgi Equipments, Blue Star, Carborundum Universal, Hatsun Agro Product
- Fund manager: R Srinivasan
- Investment Style: Mid Growth
PGIM India Small Cap
- Inception: July 2021
- Star rating: NA
- Analyst rating: NA
- Performance: 16.70% (since inception)
- Equity holdings:53
- % of assets in top 10 holdings: 32
- Top 5 holdings: J.B. Chemicals & Pharmaceuticals, Persistent Systems, Timken India, Krishna Institute of Medical Sciences, Coforge
- Fund managers: Aniruddha Naha, Ravi Adukia, Kumaresh Ramakrishnan
- Investment Style: Mid Growth
Quant Small Cap
- Inception: September 1996
- Star rating: 4 stars
- Analyst rating: NA
- Performance: - 23.51% (2019), 75.10 (2020), 88.05% (2021)
- Equity holdings: 51
- % of assets in top 10 holdings: 43
- Top 5 holdings: ITC, Indiabulls Real Estate, Arvind Ltd, HFCL Ltd, IRB Infrastructure Developers
- Fund managers: Sanjeev Sharma, Vasav Sahgal, Ankit Pande
- Investment Style: Mid Blend
Data Source: Morningstar Direct.