Bandhan Small Cap Fund: Stellar 25.5% 3-Yr CAGR

By Market DeskBandhan Small Cap Fund: Stellar 25.5% 3-Yr CAGR

Bandhan Small Cap Fund leads peers with a 25.5% 3-year CAGR. Learn about its performance, risks, and suitability for investors.

The Bandhan Small Cap Fund delivered a 25.5% three-year Compound Annual Growth Rate (CAGR) as of August 2026, positioning it as a top performer within its category.

Category Performance Snapshot

  • Bandhan Small Cap Fund: 25.5% 3-year CAGR
  • ITI Small Cap Fund: 24.6% 3-year CAGR
  • Invesco India Smallcap Fund: 23.2% 3-year CAGR
  • Benchmark Index Outperformance: 16.3 percentage points (index returned 9.2%)
  • Fund Corpus: Approximately ₹31,103 crore

Despite its robust long-term record, the fund has experienced short-term underperformance, trailing the small-cap category average over the past 12, 6, and 3-month periods.

Understanding Small-Cap Risks

  • Investment Requirement: At least 65% of assets in smaller companies.
  • Risk Rating: Categorised as ‘very high’ due to elevated price volatility compared to large or mid-cap funds.
  • Liquidity Concerns: Larger small-cap funds face potential liquidity risks during market downturns, impacting market prices during exits.

Investors should look beyond the impressive 25.5% three-year return and closely monitor key aspects in upcoming quarters.

These include the fund management’s strategy to address recent short-term underperformance against the category average, along with its approach to portfolio turnover and liquidity management across varying market cycles.

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