Nippon India Small Cap Fund, the largest small cap fund based on assets managed, delivered the highest CAGR of 20.61% in the last 10 years and multiplied a lumpsum investment of Rs 1 lakh in this fund by 6.52 times to Rs 6.51 lakh in the same period.
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The next three funds in the list were from Quant Mutual Fund. Quant Small Cap Fund, Quant ELSS Tax Saver Fund and Quant Flexi Cap Fund gave 19.90%, 18.97% and 18.69% respectively in the last 10 years. These schemes multiplied the lumpsum investment by 6.14 times, 5.68 times and 5.55 times respectively.