Small-Cap Mutual Funds Lead 1-Year SIP Returns In India

Small-cap mutual funds are a type of investment that can grow money quickly.

In the last year, the Bank of India Small Cap Fund made a 40% return on a monthly investment plan.

Six of the best-performing funds are small-cap, and three are mid-cap.

If you put ₹10,000 each month into the top fund, you could have about ₹1.44 lakh after a year.

Experts say you should not pick a fund just because it did well in the short term, because small-cap funds can drop sharply during market downturns.