Hidden gems
27 funds match this screen, ranked on share of 3-year windows beating peers. Which small equity funds have quietly beaten their peers?
Criteria: Equity funds under ₹1,500 Cr beating their peers in ≥ 65% of rolling 3-year windows.
The mirror of the screen above. A small fund can hold genuinely different positions and can move in and out of mid- and small-caps without moving the price — advantages that disappear with scale. The risk is the other side of the same coin: less scrutiny, and a greater chance of being merged away.
Hidden gems, ranked by share of 3-year windows beating peers
| # | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 | Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct GrowthPlatinum | Index Funds | 100% | +23.29% | -21.2% | +18.61% | ₹487 Cr | 0.44% |
| 2 | Aditya Birla Sun Life Nifty Smallcap 50 Index Fund-Direct GrowthGold | Index Funds | 100% | +22.70% | -36.7% | +22.55% | ₹348 Cr | 0.58% |
| 3 | BANDHAN TRANSPORTATION AND LOGISTICS FUND - GROWTH - DIRECT PLANPlatinum | Sectoral/Thematic | 100% | +24.97% | -25.0% | +23.41% | ₹738 Cr | 1.04% |
| 4 | HSBC NIFTY NEXT 50 INDEX FUND - Direct GrowthBronze | Index Funds | 100% | +18.76% | -26.6% | +19.40% | ₹176 Cr | 0.41% |
| 5 | ITI Flexi Cap Fund- Direct Plan- GrowthPlatinum | Flexi Cap Fund | 100% | +20.68% | -21.4% | +20.35% | ₹1,467 Cr | 0.94% |
| 6 | Bank of India Multi Cap Fund Direct Plan - GrowthGold | Multi Cap Fund | 100% | +21.29% | -20.3% | +20.37% | ₹1,259 Cr | 1.24% |
| 7 | ITI Pharma and Healthcare Fund - Direct Plan - Growth OptionGold | Sectoral/Thematic | 100% | +21.58% | -17.7% | +20.33% | ₹263 Cr | 0.92% |
| 8 | Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Direct GrowthPlatinum | Index Funds | 99% | +17.14% | -18.0% | +14.21% | ₹530 Cr | 0.41% |
| 9 | Aditya Birla Sun Life Nifty Next 50 Index Fund-Direct GrowthGold | Index Funds | 99% | +18.27% | -26.7% | +19.57% | ₹286 Cr | 0.47% |
| 10 | WhiteOak Capital ELSS Tax Saver Fund Direct Plan GrowthGold | ELSS | 98% | +21.07% | -16.4% | +18.63% | ₹494 Cr | 0.87% |
| 11 | ITI Mid Cap Fund - Direct Plan - Growth OptionGold | Mid Cap Fund | 97% | +25.36% | -22.7% | +23.35% | ₹1,480 Cr | 0.94% |
| 12 | 360 ONE QUANT FUND DIRECT GROWTH | Sectoral/Thematic | 94% | +24.25% | -22.4% | +18.13% | ₹873 Cr | 1.25% |
| 13 | JM Midcap Fund (Direct) - GrowthSilver | Mid Cap Fund | 94% | +24.86% | -22.5% | +21.69% | ₹1,295 Cr | 0.98% |
| 14 | ITI ELSS Tax Saver Fund - Direct Plan - Growth OptionGold | ELSS | 87% | +20.83% | -38.5% | +19.47% | ₹455 Cr | 0.90% |
| 15 | WhiteOak Capital Large Cap Fund Direct Plan GrowthGold | Large Cap Fund | 83% | +17.54% | -15.3% | +15.49% | ₹1,260 Cr | 0.94% |
| 16 | Aditya Birla Sun Life Special Opportunities Fund-Direct-GrowthPlatinum | Sectoral/Thematic | 80% | +19.97% | -20.3% | +21.10% | ₹1,263 Cr | 1.24% |
| 17 | BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth OptionGold | ELSS | 79% | +19.67% | -17.3% | +17.81% | ₹917 Cr | 1.31% |
| 18 | Mahindra Manulife Large Cap Fund - Direct Plan -Growth | Large Cap Fund | 76% | +16.73% | -35.3% | +11.33% | ₹711 Cr | 1.12% |
| 19 | BANK OF INDIA Large Cap Fund Direct Plan GrowthPlatinum | Large Cap Fund | 74% | +16.10% | -22.6% | +15.18% | ₹223 Cr | 1.32% |
| 20 | ITI Multi Cap Fund - Direct Plan - Growth OptionSilver | Multi Cap Fund | 73% | +20.64% | -38.7% | +19.58% | ₹1,468 Cr | 0.87% |
| 21 | ITI Value Fund - Direct Plan - Growth OptionSilver | Value Fund | 73% | +20.36% | -22.7% | +15.29% | ₹359 Cr | 1.51% |
| 22 | Edelweiss Focused Fund - Direct Plan - GrowthSilver | Focused Fund | 72% | +18.44% | -17.1% | +15.42% | ₹1,044 Cr | 0.83% |
| 23 | quant ESG Integration Strategy Fund - Growth Option - Direct PlanPlatinum | Sectoral/Thematic | 72% | +21.67% | -25.1% | +18.43% | ₹319 Cr | 1.87% |
| 24 | HSBC Business Cycles Fund - Direct GrowthSilver | Sectoral/Thematic | 71% | +19.04% | -23.4% | +17.74% | ₹1,182 Cr | 1.14% |
| 25 | Nippon India Taiwan Equity Fund- Direct Plan- Growth OptionSilver | Sectoral/Thematic | 71% | +36.36% | -44.8% | +63.51% | ₹947 Cr | 1.11% |
| 26 | Aditya Birla Sun Life Pharma and Healthcare Fund-Direct-GrowthPlatinum | Sectoral/Thematic | 68% | +19.78% | -20.5% | +22.55% | ₹1,074 Cr | 1.02% |
| 27 | Union Value Fund - Direct Plan - Growth OptionSilver | Value Fund | 65% | +19.90% | -37.7% | +14.64% | ₹395 Cr | 1.58% |
Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct plan, Growth option. Wound-up, suspended and distributing (IDCW/payout) variants are excluded. Distributing funds are matched by NAME as well as by option, because the option field is wrong on around 100 schemes.