Small cap funds offer 26.07% average return in 2023; Mahindra Manulife Small Cap Fund give 35.53%
These actively-managed schemes are benchmarked against Nifty Smallcap 100 - TRI, Nifty Smallcap 250 - TRI, and S&P BSE 250 Small Cap - TRI. These benchmarks offered an average return of 31.74%, 29.75%, and 29.95% respectively.
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