13 small-cap funds have generated alpha returns in three years

Bandhan Small Cap Fund (Direct) : 29.37%

ITI Small Cap Fund (Direct) : 27.39%

Invesco India Smallcap Fund (Direct) : 27.28%

Nippon India Small Cap Fund (Direct) : 26.85%

Quant Small Cap Fund (Direct) : 26.61%

Tata Small Cap Fund (Direct) : 25.77%

Franklin India Smaller Companies Fund (Direct) : 25.72%

LIC MF Small Cap Fund (Direct) : 25.62%

HSBC Small Cap Fund (Direct) : 24.74%

Edelweiss Small Cap Fund (Direct) : 24.04%

Bank of India Small Cap Fund (Direct) : 24.02%

HDFC Small Cap Fund (Direct) : 23.49%

DSP Small Cap Fund (Direct) : 22.21%

BSE 250 SmallCap Total Return Index : 22.03% return

NIFTY Smallcap 250 Total Return Index : 22.65%