 "Fund Pick")
Nippon India Small Cap Fund, launched in September 2010, has featured in the top 30 percentile of the small-cap funds category of CRISIL Mutual Funds Ranking (CMFR) for four consecutive quarters through March 2022. Samir Rachh has been managing the fund since January 2017. The fund’s month-end assets under management (AUM) stood at Rs 18,675 crore in May 2022, up from Rs 8,438 crore in May 2019.
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.
Trailing returns
The fund outperformed the benchmark (Nifty Smallcap 250 TRI) and
